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since Aug 10, 2018
chartpattern
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Was looking at tech stocks and noticed some bearish divergence there on shorter term time frames. Checked SPY for any similarities and noticed this... I think its notable because its a long-term chart with multiple RSI peaks since 2018. If this holds true, one possible scenario is that SPY may hit either a double top, or slightly higher all time high this fall,...
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AMEX:SPY First post. Looking for input... My read of the situation: - Western world is guaranteed for 2-3 weeks - Tourism and travel has ground to a halt - A reduction in travel typically means reduction in commerce - Public will go into survival mode and will reduce / stop spending, and large, frivolous, and/or luxury purchases are almost out of the...
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