Shiller PE ratio is finding resistance within its Guppy Moving Averages. Facing the possibility of being rejected by the resistance and creating a H&S pattern. Formally breaking its neck line would be a sign of a big correction within market capital of companies and the underlying earnings of businesses.
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.