This is the 4th Time in Stock Market History We See This. | A Massive False Breakout. - YouTube |
add US Stock Market Outlook After 2022 End-of-Year Low
Prediction #macd #indicator #sp500 #momentum
Tutorial: Use weekly #MACD bearish crossover in negative territory as #momentum #indicator to tell whether a bullish uptrend is bull trap in bear market or start of a real bull market. This is based on lessons learned in bear markets in 1970s, early 2000 and 2008.
As of now, this bearish crossover of MACD of #SP500 has not happened yet. so keep an eye for it, once being realized, it confirms the recent rally since October 2022 was a bull trap not a real bull market.
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