S&P with dotcom overlay - is the S&P heading for a 50% fall??
The chart shows the current S&P price action with an analog overlay of the dotcom bear market.
Scenarios;
1/ Near term support at 3900
2/ Mid term support at 3600
3/ Longer term support at 3200
A break of all 3 of these support areas could possibly see a fall to 2345 or even covid19 lows.
Scenarios;
1/ Near term support at 3900
2/ Mid term support at 3600
3/ Longer term support at 3200
A break of all 3 of these support areas could possibly see a fall to 2345 or even covid19 lows.
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