Traders Cooperative

[Wishthiswasmyjob]

Here's the SPY chart of 2018
If you recall, the second half of that year is when
Powell and the Fed started to tighten...

I see similarities between now and this chart, but in my opinion, the economy is soo much weaker here.
Do we see a bit more consolidation here, and then another leg down?
To maybe SPY 390 ?

I think we could be sitting at the mid October/mid November point of 2018 here...

2018