A significant weekly pattern of the Morning Star type brings the blush back to the cheeks of the most significant stock index in the world, the S&P 500. As long as we are above the breakout of the pattern, we can say that we are still in an exponential bullish course that has been accompanying us for a long time in light of the huge profits of the global American companies that are benefiting from their ability rake in profits from all over the world. This is in addition to the huge returns of the arms companies as a result of the security tensions in the world and the financial companies that never stop celebrating.
Attached is a weekly graph of the S&P 500 index showing the Japanese pattern that was created after the last correction that happened in the index, a correction that we predicted and published in this Blues recently.
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