Sell in may and go away
...Imagine if...
- SP500 peaks right below 4500
- Head And Shoulders price target at 1.0 Fib Extension from march 2020 lows
- New money will be told the old saying "Sell in may and go away", and will not fear that a bearmarket is slowly starting
- New money will buy in all summer, providing liquidity for larger players to exit
- New Lower High will be made Late Summer/Early Fall 2021
- Lower Low will be made, new money still in denial
- Will keep buying stocks after a bounce made after first lower low
- Another Lower high is made
- Multi-year bear market begins
- Stock will become "boring" again
- SP500 peaks right below 4500
- Head And Shoulders price target at 1.0 Fib Extension from march 2020 lows
- New money will be told the old saying "Sell in may and go away", and will not fear that a bearmarket is slowly starting
- New money will buy in all summer, providing liquidity for larger players to exit
- New Lower High will be made Late Summer/Early Fall 2021
- Lower Low will be made, new money still in denial
- Will keep buying stocks after a bounce made after first lower low
- Another Lower high is made
- Multi-year bear market begins
- Stock will become "boring" again
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.