The S&P 500’s price to peak earnings ratio has soared to 25.9, the highest since 2000…. Nasdaq: Large Engulfing candle, followed by a falling window.
The S&P 500's price to peak earnings ratio has moved up to 25.9, its highest level since 2000 and 50% above the historical median. $SPXhttps://t.co/l5IYmkf6Ih pic.twitter.com/DFI74St163 — Charlie Bilello (@charliebilello) July 17, 2024 Nasdaq Large Engulfing candle, followed by a falling window 2 major warnings🚨 Engulfing is a bearish trend reversal candle. Falling window is …