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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 665.67-0.9%Nov 17 4:00 PM EST
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To: Sdgla who wrote (180268)10/8/2022 4:47:26 AM
From: GROUND ZERO™2 Recommendations

Recommended By
cycleupcycledown
rxbond

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CHART OF THE WEEK...

Of course, this is just one way of looking at it which could just as easily be wrong...

The fact is with each new rally along the way we see a deeper and deeper decline that followed...

Why would this time be any different???

On the way up we saw:

Yellow - optimism
Green - excitement
Blue - enthusiasm
Orange - euphoria
Gray - complacency

So far on the way down we've seen:

Red - anxiety
Blue - denial
Amber - fear

To reach those major underlying support lines we've yet to see:

Despair
Panic

If so, then we may be only half way complete in this decline...



GZ
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