S&P 500 IndexShort
Spx 2001 and 2008 all over again but a Huge Catch on Stoch RSI
Updated
Not financial advice. I'll include the other chart shown bigger so you can see the stoch and fisher and how we have more room to come down.
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I will not be bullish until we have a monthly close above 4215This represents the 20month moving average.
If we get a monthly close above 4215 then I would assume we double top at 4800 like the 2002 cycle followed by a 50% retrace.
Past repeats the Present🤔
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Huge fakeout As I mentioned I remain bearish until we get a monthly close above 4215.
Feb fakeout confirmed. Follow the fibs.
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