S&P 500 2022 Crash like 2008 ?

$S&P 500(.SPX)$ $NASDAQ(.IXIC)$ $Amazon.com(AMZN)$ 

During 2008 crash , S&P mada a head and shoulders pattern on the charts and few weeks later it crash.

In 2022 ,this is again making a similar head and shoulders pattern

What is a head and shoulders pattern?

Head and shoulders is a bearish chart pattern


It comprimises of a left shoulders, the neck and the right shoulders.


Most of the time there is a bearish divergence between the left shoulder and the neck.

Volumes play a important role in this pattern

The volumes are very low when the head is formed , but they rise significantly when the right shoulder is forming.


The target of the pattern is the height of the neck.

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# Macro Trend

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  • Vomous
    ·2022-05-21
    The issue here is inflation and fed can only think of increasing int rates. howevwr the main issue is US sanctions. Once they lift it, stocks will rise.
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  • WendyDelia
    ·2022-05-21
    i dont think it will crash but fluctuate
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  • Niskil
    ·2022-05-21
    Same same but differenr
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  • StarLuck
    ·2022-05-24
    👍
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  • Skyjieni
    ·2022-05-23
    Good
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  • RyC
    ·2022-05-23
    [Miser]
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  • rickson
    ·2022-05-23
    a
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  • 嘞撸虎7
    ·2022-05-23
    Reply
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  • 老实哥哥
    ·2022-05-23
    [微笑]
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  • HappyFeet
    ·2022-05-23
    Like
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  • Cruidi
    ·2022-05-23
    💪🏻
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  • 谢谢分享
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  • Munyee
    ·2022-05-23
    eow
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  • Memememe90
    ·2022-05-23
    hi
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  • vc618
    ·2022-05-23
    [Strong]
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  • LovelyGoals3
    ·2022-05-23
    [Smile]
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  • Edwardtoh
    ·2022-05-23
    Read
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  • wat3ver
    ·2022-05-23
    oh no
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  • patricklowck
    ·2022-05-23
    Buy the dip?
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  • Ethan23
    ·2022-05-22
    Thanks!
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