S&P 500 yearly chart from a different angle.
I placed two trend lines connecting each one with the top two candles on each swing high. Then I let them travel in time. And notice at what price level that they intersect at and where price is currently at. I'm becoming more bearish long term.
"Always listen to experts. They'll tell you what can't be done, and why. Then do it." - Robert A. Heinlein
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"Always listen to experts. They'll tell you what can't be done, and why. Then do it." - Robert A. Heinlein
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.