The numbers have spoken.
As above, so below.
Remade the chart in DARK theme.
The bottom in 2009 at 666 have created one MINOR and one MAJOR fibonacci extention.
They both end at specific occult numbers (3033 or 3666). Please note that I did not make these numbers up - the market did.
Elliot wave analysis 1-5, + ABC correction for predicting bottoms in next recession.
Gameplan future outlook of sp500:
Scenario 1: We hit only the last fibb line (100) of the MINOR scale. If so we have potentially already topped out in 2019.
Scenario 2: We hit the last fibb line (100) of the MAJOR scale. If so we probably have 6-18 months before recession starts. Down from 3666.
Do you like this idea or chart?
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As above, so below.
Remade the chart in DARK theme.
The bottom in 2009 at 666 have created one MINOR and one MAJOR fibonacci extention.
They both end at specific occult numbers (3033 or 3666). Please note that I did not make these numbers up - the market did.
Elliot wave analysis 1-5, + ABC correction for predicting bottoms in next recession.
Gameplan future outlook of sp500:
Scenario 1: We hit only the last fibb line (100) of the MINOR scale. If so we have potentially already topped out in 2019.
Scenario 2: We hit the last fibb line (100) of the MAJOR scale. If so we probably have 6-18 months before recession starts. Down from 3666.
Do you like this idea or chart?
- Please like it or leave a comment!