Drop after Q3 peak

By nicktrd
Updated
snapshot
Everything is on the chart. The average pullback is 12.27%. In even years, the average pullback is 16.68%. The end of the line connecting the 23 March 2020 bottom and the 2023-2024 peaks at the end of Q3 is 5890. Over 10% correction is expected. There is a high probability that it could eventually turn into a crash.
Comment
There has already been a correction of over 10% in pre-market trading.
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You missed out 3X profit on UVXY, if you didn't buy it in the mid of July)
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Trajectory of this move implies that Q3 and Q4 will be full of events.
Chart PatternsSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis

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