prd001

SPY rollover coincidences over the years

AMEX:SPY   SPDR S&P 500
spy
SPY             price pattern of the last year seems to resemble the rollovers (or attempted rollovers) of the past 15 years. They all have at least 3 key characteristics in common... they all top at $34/$35 above an established neckline and they all move in tandem with basic fib lines. Other noted items include a price relationship to $60 (x1, x2, x3) and a similar length of time to work through, roughly 2 1/2 years for breakdown to occur/confirm.
It is on the precipice!
Antworten
based on your chart it doesnt match a roll over, 2016 is up ?

Antworten
prd001 PRO kevinmick
I had made no reference to the bullish/bearish status of the current market conditions. At present, current chart patterns seem to be similar to all highlighted previous actions. Take from it what you will. I give no predictions as to future market direction.
Antworten
i see it clearly thank you
Antworten
So has the market rolled over?
Antworten
prd001 PRO Will Wong
Yes it has... in 2000 and 2008.
Antworten
Deutsch
English
English (UK)
English (IN)
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden