SP500 has built two back to back exhaustion setups. In conjunction with IWM , QQQ , TSLA , etc.
This is extremely bullish for the next few weeks.
Overall, my anticipation is that we get a few weeks up, cross the 200 day MA to chop a bunch of people out and then crash. This is vindicated by both the current setup, and the average bear market returns and end dates, which you can see towards the bottom of my chart.
This is extremely bullish for the next few weeks.
Overall, my anticipation is that we get a few weeks up, cross the 200 day MA to chop a bunch of people out and then crash. This is vindicated by both the current setup, and the average bear market returns and end dates, which you can see towards the bottom of my chart.