the lower indicators on the chart below are rather scary.
basically they show there's such a long way in which they could still fall, it's akin to being in a 20 story building. whilst you're not on the 20th floor, you could well be on the 15th floor which still makes it a long way too fall.
if anyone thinks things aren't going pear shaped please let me know.
S&P500 6 month weekly chart.![]()
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