It is actual difficult to attending at the account blueprint of the ETF (SPY (NYSE:)) beneath and draw abiding bearish conclusions. SPY adapted beforehand in 2018, went alongside for a few months, and again bankrupt aloft a multiple-month base.
The NASDAQ 100 ETF (NASDAQ:) accomplished a somewhat airy aeon of alliance amid January and mid-June, and again went on to book a alternation of college highs.
Weekly Invesco QQQ Trust
The ETF (NYSE:) afresh austere the account aerial printed in January and accompanying fabricated a new best account closing high.
Weekly SPDR Dow Jones Industrial Average
The account blueprint of growth-oriented about to defensive-oriented afresh printed a new best account closing high. Compare and adverse the 2018 blueprint beneath to the rollover attending afore and afterwards the aloft banal bazaar aiguille that was fabricated on October 9, 2007. In October 2018, the SPY:TLT arrangement is aloft an upward-sloping 22-week affective average. In October 2007, the SPY/TLT arrangement was beneath a downward-sloping 22-week affective average. Unlike the 2007 chart, the 2018 blueprint shows little in the way of a clearing to arresting assets.
It is difficult to see signs of accident abhorrence or
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