This might be the top of a bear market rally indicator, but I don’t care. No charts here indicate negativity.
This post was originally posted here. The writer, Kyith Ng is a veteran community member and blogger on InvestingNote, with a username known as @kyith and has close to 1,200 followers.
“There’s something very familiar about all this” – Biff Tannen pic.twitter.com/UQfuMEDq6t— J.C. Parets (@allstarcharts) August 15, 2022
There are a lot of price actions that look like they will break down but turn out to be mere consolidation. Would this time be similar as well?
UoM consumer sentiment 3-mo MA (LHS) and $SPX since 1960 (RHS) https://t.co/iMTRrvdaZz pic.twitter.com/NsmZASyQMH — Urban Carmel (@ukarlewitz) August 15, 2022...