Greetings everyone,
(Key Takeaways) - (MONTHLY TIMEFRAME)
This $SPY chart dating back to the date it was listed on the market back in 1993 gives us a wider point of view of the market.
Overall the sentiment is still bullish-long. However, the next couple of months can be bloodbaths.
Easy to say we are a bit over-extended? The smallest white trendline...