Tuesday, February 6, 2018

S&P500: how it repeats itself

The S&P500 Index saw a higher volatility in the last days, something that is scaring the Bulls. Is the uptrend pattern still alive?

The parabolic pattern of the S&P500 is in front of everyone, and usually, once the uptrend is over, we see a break of this pattern, with higher volatility. To prove what I am saying, we can look at the past, because a guy said: "the Market repeats itself". The problem is to understand how this sentence is correct.