S&P500 Bear aiming to retest 2022
Aiming to break through support line to retest support at 2022 levels.
If that happens then we have a Double Top formation on the Monthly Chart.
At that point we can either go to pre-covid crash levels which is possible scenario to happen due to inflation and high interest rates from the banks in order to slow economy down.
If that happens then we have a Double Top formation on the Monthly Chart.
At that point we can either go to pre-covid crash levels which is possible scenario to happen due to inflation and high interest rates from the banks in order to slow economy down.
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.