SPDR S&P 500 ETF TRUSTUpdated 30 yr S&P 500 log chart
The "scary good" fit of the S&P's exponential growth to this regression line gives one pause on how much room there is to run and how much downside risk there is in the market, even if we *only* return to the regression mean.
Note
Could we be in late 1998, with more froth to come? Sure, but this can't last forever.
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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.