sunriselmi

es breakdown backtest

FX:SPX500   Indice S&P 500
this could be where price is headed. this line since covid is very steep compared to past trend lines going back 25 years. it seems amazing that it could maintain or increase the steepness, and it seems more amazing that a break down and backtest would get back above the line, esp with this much price confirmation that the line exists. i dont believe the line is valid in a higher location.
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