The numbers have spoken.
As above, so below.
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 added 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 are very close to the top now (3033-3133)
Scenario 2: We hit the last fibb line (100) of the MAJOR scale. If so we have a couple of hundred points left, and probably 6-18 months before recession starts. (3666)
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As above, so below.
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 added 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 are very close to the top now (3033-3133)
Scenario 2: We hit the last fibb line (100) of the MAJOR scale. If so we have a couple of hundred points left, and probably 6-18 months before recession starts. (3666)
Do you like this idea or chart? Please comment or like it!