Remember the last year's pandemic when S&P 500 hit rock bottom then it recovers for the next few months without hesitation? Those who bought that dip and had never sold ever since are the clear winners.
My fud analysis would be I'm 80% bullish that 30,000$ is a very powerful resistance, and anything below would be a very very strong buy.
The pattern reveals that peak happens at around odd number of the year and every 4 years as example, 2011, 2013 and 2017. What unusual is that it diminish the return over time (and also clear in what the picture reveals) and by my calculation that I cannot share in this post, last peak of 2017 multiply by 6x would be the best possible peak at the end of this bull market which by means coincide to a bullish month of December 2021.
My fud analysis would be I'm 80% bullish that 30,000$ is a very powerful resistance, and anything below would be a very very strong buy.
The pattern reveals that peak happens at around odd number of the year and every 4 years as example, 2011, 2013 and 2017. What unusual is that it diminish the return over time (and also clear in what the picture reveals) and by my calculation that I cannot share in this post, last peak of 2017 multiply by 6x would be the best possible peak at the end of this bull market which by means coincide to a bullish month of December 2021.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.