I was taking a look at the S&P 500 chart | Notes

in #technical-analysis • 7 years ago

Screen Shot 2018-10-09 at 10.54.31 AM.png

We are currently 86% above the all time high, meeting a key resistance point at the 1.618 extension. A retrace back to the previous all time high, and double top, would be around 47%.

This market is over bought.

The white vertical line is when I was born.

#snp500 #spx #stock-market #trading
7 years ago in #technical-analysis by
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