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SPY repeats 2007
SPDR S&P 500 ETF TRUST
SPY repeats 2007
By Myst_Trader
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Jul 21, 2022
6
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Cheer
Jul 21, 2022
Guys, it's hard not to notice how similar the 2007
SPY
chart is to our current 2022.
Honestly, I wouldn't go so far as to say - "THE NEXT CANDLE/BAR WILL BE THE SAME!"
But just to take note, I think it's probably worth it, because if you look closely, we're actually doing the same thing in the big picture.
Conclusion:
- Will I trade SPY trying to repeat the 2007 chart?
No, I would not.
- Is it worth using this as an additional variable in decision making?
I don't know, let everyone decide for themselves.
- Does this similarity mean that further action will be the same?
No, 100% it does not.
2007
Chart Patterns
Fundamental Analysis
market
sp500index
SPX (S&P 500 Index)
S&P 500 (SPX500)
SPDR S&P 500 ETF (SPY)
Trend Analysis
Myst_Trader
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