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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016 -- Ignore unavailable to you. Want to Upgrade?


To: rimshot who wrote (963)2/24/2022 10:33:35 AM
From: rimshot  Respond to of 1118
 
4,086 = $SPX -- the 1.618 downward projection for a potential pause or bounce price location

repeat of the $SPX daily closes chart -

stockcharts.com

4,114.65 = LOD, so far during the morning Thursday Feb 24
4188.86 = HOD, so far
4225.50 = Feb 23 close

======================================================================

tweet today by Ryan Detrick, CMT - Here are 37 major geopolitcal and historical events
since WWII
.

If they aren't near a recession, the S&P 500 is up nearly 11% a year later.

If they do take place near a recession, down more than 11% a year later. Sometimes it is that simple.

pbs.twimg.com



To: rimshot who wrote (963)2/24/2022 3:30:25 PM
From: rimshot  Read Replies (1) | Respond to of 1118
 
Can you have a bear market without a recession? Yes.

But note there has only been one going back 50 years (1987).

If you don't see a recession in 2022, then taking a longer
look at things could provide some clarity and opportunity.

t.co

- via Ryan Detrick, CMT on Feb 24 afternoon