There is a high degree of similarity between now and 1987 crash, I have been sitting on it for a while waiting if it will develop further and align, it seems it did..
So if SPY/SPX does not break out of the down channel an epic crash is possibly coming ..
Considering sorry state of the world, that means some serious s**t is coming ..
So if SPY/SPX does not break out of the down channel an epic crash is possibly coming ..
Considering sorry state of the world, that means some serious s**t is coming ..
If you are one step ahead of the crowd you are a "genius" and you make money off the crowd, if you are two steps ahead you are a lunatic and you lose money not being able to sync with the crowd, if you are three steps ahead - better find a new planet :)