S&P 500 E-mini Futures
Short

S&P500/SPY TA Analysis: Deja vu? History to repeat itself?

457
You look at the Late 2018 to Early 2020 cycle & the Early 2020 to Mid 2021 cycle and you can see so many similarities with certain patterns & see many of the exact same bearish signals as last time,

-1.618 Fib
-Bearish Bat @ the 1.618 Fib (confluence)
-Erratic Sideways Trading
-Big Reaction after faking out 50-60 Pts above the 1.618 Fib
-Bearish Divergence

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