🚨🔍 SPX 2021/2022: MACD Trend Indicates Major Correction 🔎🚨

In this analysis, we look at the SPX MACD Histogram on the daily, and how a clear trend is present that indicates an imminent market correction.

All 4 charts are linked below in case you'd like to take a closer look!

The trend is a MACD Histogram;

a. Contraction
b. Breakout / Warning shot
c. Correction

Today we are in the middle of the breakout / warning shot

I compare this trend to historical bear markets / corrections;

1. 1965-75
2. 1986-88
3. 1998-2009


Based upon the performance & significance of the trend historically, I would appear that we will now see a push onto new ATHs during Oct/Nov, followed by a major market correction in EOY 2021 / start of 2022

• What are your thoughts?

yemala