Hi folks, this is my first time posting an idea/"short" analysis publicly, hope you'll enjoy it
This is the chart from SP500, I mirrored 2007 financial crisis structure, unedited, raw and pure, pasted it below our chart, checked the fractals/similarity, and it's deadly alike.
With the somewhat positive sentiment from OPEC and 90 Days truce between president Xi Jinping and Donald Trump we have something that might bring the SP500 back to "normal" comming weeks, months.
Once the truce resolves, I bet we'll get into a "fear" phase... Nothing is new in the stock market... said J Livermore... and I concur.
Not sure of how it was back in 2007, but perhaps some of you older folks remember what caused the "back to normal" phase... and we can compare...
Stay safe or play it safely folks.
https://cdn-images-1.medium.com/max/720/0*uslx0lGlKXc6TwMx.