This chart for the last 12 months shows 3 previous times where S&P recovery fails (at around the 50% level, dark-green) and then the second chapter of the horror begins.
Though I could be wrong the Fed may step in and start buying - or history may repeat again !
Though I could be wrong the Fed may step in and start buying - or history may repeat again !
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.
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.