We have surpassed dot com bubble growth, now we pay

By thetrader1234
We have been paying the price for exceeding the minimum trend set by the dot com bubble. All three main lines are parallel. It is also worth noting that there is likely support at various levels and a straight crash is not likely, but SPY really seems to have gotten ahead of itself and has a lot of downside / sideways trading left before the ups continue.
Beyond Technical AnalysisChart PatternsdotcomSPDR S&P 500 ETF (SPY) Trend Analysis

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