S&P confirmed new down channel? Still Bear market?

2023년 2월 8일

What I see is that the S&P has confirmed a new down channel (red) with Thursday's (2/2) peak after it broke out of the orange down channel made from the tops in March and August 2022. This new red channel is created with the two lows from June and October 2022 and the price action from May 21. If this holds, then bear market is still intact and price will fall. I would expect a test of the December lows and if not the October lows.

2023년 2월 10일

노트

Not a great start to Friday morning.