Many buyers aren't recognizing the potential danger of what could be about to happen.
We are well in favour for a Black Swan whether that be ETF rejection or World War 3, but given the way S&P500 looks it could be World War 3 or some economic disaster, as I expect stocks to fall too.
Note
Zoomed in, let's take a look at the current similarities of Price Action
Note
Next correction may only drop to 28.8k-28.9k before 35k area
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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.