Looking back at the last two major rallies we see that the latest one has not broken above to new highs. Raises concerns of longer term rallies less likely to happen
Bullish purchases should be done with caution
- SPY is forming double top reversal pattern
- Longer term future rallies called into question
- More defensive sectors are experiencing rallies over the past year (XLU for example)
- Defensive sector long term rallies shows rotational shift from risk assets (tech) to safer assets (utilities, healthcare, gold)
- Seeing signs of late cycle investing
- 2025 could be a rough year for SPY and especially tech
Bullish purchases should be done with caution
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。