Only two other times in history have we seen a 6 Month Bearish Engulfing Candle:
1929: -84.15% from ATH
1973: -49.93% from ATH
Needless to say, the long term bottom on SPX has yet to be found. Note the decrease in volume during this insane SPX bull market rally. Regardless, I believe a bear market rally is incoming as we approach closer to the America Midterm Elections
1929: -84.15% from ATH
1973: -49.93% from ATH
Needless to say, the long term bottom on SPX has yet to be found. Note the decrease in volume during this insane SPX bull market rally. Regardless, I believe a bear market rally is incoming as we approach closer to the America Midterm Elections
