S&P 500 IndexShort
2020 have the same chart pattern as 2008 crash
Hi,
As we can see in the chart, there is very similar pattern as 2008 but in different time frame 2020 in 4D chart and 2008 1D chart. We can see the time high price in the green circle an after that the down trend. There is RSI divergence on the top and we have a recession economy scenario to support the bear trend.
Please comment bellow and help me with your opinion to analyze this projection.
Thank you,
As we can see in the chart, there is very similar pattern as 2008 but in different time frame 2020 in 4D chart and 2008 1D chart. We can see the time high price in the green circle an after that the down trend. There is RSI divergence on the top and we have a recession economy scenario to support the bear trend.
Please comment bellow and help me with your opinion to analyze this projection.
Thank you,
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