SPX - Long term uptrend line unlikely to hold.
SPX - Long term uptrend line unlikely to hold. Even if prices where to be halted at the yellow uptrend line (SPX 1750), this still represents a further 55% fall in today's prices.
'Post crisis we will likely end the positive uptrend that began in the 1930s, and enter a period of zero or negative GDP growth furthermore' - to paraphrase Klaus Schwab (Founder/CEO of World Economic Forum).
This is the end of abundance and fractional reserve banking and all the exponential growth the twentieth century has become accustom to.
'Post crisis we will likely end the positive uptrend that began in the 1930s, and enter a period of zero or negative GDP growth furthermore' - to paraphrase Klaus Schwab (Founder/CEO of World Economic Forum).
This is the end of abundance and fractional reserve banking and all the exponential growth the twentieth century has become accustom to.
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