It is time to pause, I will look into and analyze history'because as they say "history does not repeat itself but it rhymes" I would like to present the comparison of the SPX with the fall suffered in 2007.
If we take as a reference the fall of the Great Recession of 2007, it was a fall of 57% during 518 days that means 17 continuous months of fall, the situation was terrible.
Extrapolating it to 2022, taking into account that the fall lasted that long and the fall was -57%, it replicates so far the trend and movements of 2007.
Are we facing a BULL TRAP or should we rather BUY THE DIP?
Today 20/08/2022 Best regards, good investment.
If we take as a reference the fall of the Great Recession of 2007, it was a fall of 57% during 518 days that means 17 continuous months of fall, the situation was terrible.
Extrapolating it to 2022, taking into account that the fall lasted that long and the fall was -57%, it replicates so far the trend and movements of 2007.
Are we facing a BULL TRAP or should we rather BUY THE DIP?
Today 20/08/2022 Best regards, good investment.