These patterns don’t just appear for fun. They’re often a sign that sentiment is shifting, and the easy gains might be over. If history repeats, the next move won’t be straight up.
According to @sentimentrader, the S&P 500’s one-year #Sharpe ratio has peaked, which historically leads to periods of volatile/moderate returns.@SoberLook pic.twitter.com/pczWEMCacA
— Lance Roberts (@LanceRoberts) February 10, 2025
Some bearish engulfing patterns lately, and we currently have a 'double' pattern forming.
This pattern is considered a reversal signal and suggests a potential pullback. pic.twitter.com/znscTh7mUP
— Guilherme Tavares (@i3_invest) February 10, 2025
I have horrible news
Philadelphia sports championships have led to economic downturns
1910-1911: Philly Athletics win; leads to 1911 recession
1913: Philly Athletics win; year-long recession follows
1929-1930: Philly Athletics win; onset of the Great Depression
1980:…
— Inverse Cramer (@CramerTracker) February 10, 2025