Many people think that the U.S. stock market is a market that continuously breaks technical analysis, but the undeniable fact is that on the basis of a long bull run, when technical indicators repeatedly diverge, especially on a large scale, it will eventually clear out profits and release a wave of risk~


In fact, it hasn't broken technical analysis; it has only delayed execution~
This market has a trait that people love and hate: it can ignore technical indicators for a month, six months, or even two years—so long that you start to doubt yourself, start to think "this time is different"~
But divergence in technical analysis will not disappear; it will only become stronger~
Historically, the #SPX index's monthly technical indicator divergence before crashes in 2000 and 2007 lasted more than 10 months~
Technical indicator divergence usually ends badly~
Now, the #SPX index's monthly technical indicator divergence has accumulated for several months, and the time for correction is getting closer~
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin