S&P 500 Index possible correction
Aggiornato
In case of a heavy correction reacting to inflation, this are my expectations of what is very possible. IM not Bullish or Bearish but i think we will come down soon.
Last october we didnt really hav a correction, amidts covid lockdowns, hyperinflation all over the world and the starting ukraine-crisis.
Rate hikes still arent there and we print more and more money every day.
NO Financial Advice, just silly lines on charts.
SPY
Last october we didnt really hav a correction, amidts covid lockdowns, hyperinflation all over the world and the starting ukraine-crisis.
Rate hikes still arent there and we print more and more money every day.
NO Financial Advice, just silly lines on charts.
SPYNota
Many people say we will bounce at 4000.I think it`ll maybe fakeout to the upside and go down further then. I have Inflation in Mind and everything whats going on in the world rn.
compared to earlier crashes, we would be still at the top of a crash now. Everything can fall apart from here. (House Markets, Crypto, Big Tech Companies and Currencys.
Nota
Accumulation around 3800?I still think we break down looking for 3500.
Nota
so far so good.maybe bounce from here ( 3700 ) and get rejected again. (?)
still looking for 3500. maybe 3570 will hold tho.
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