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November 28, 2024

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Stock market crash! How low can we go? - Chart Attack

Stock market crash! How low can we go? – Chart Attack

I have been warning readers and followers about a major reversal pattern being confirmed on the equity markets. As long as we remain below this key level, the S&P 500 is technically in a downtrend. CPI data could alter investors perspectives, but technically, this one level needs to be taken out.

 

Check out more of Vishal’s work on the state of the markets:

https://equity.guru/2022/04/25/stock-market-sell-off-explained/

https://equity.guru/2022/04/27/the-sp-500-must-hold-above-this-level-a-technical-take-on-the-current-stock-market-sell-off/

https://equity.guru/2022/05/02/is-the-federal-reserve-about-to-crash-the-stock-markets/

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