S & P 500: UPDATE ; the gates of Mordor

Yeh the title, duno.

Anyway its pretty self explanatory. even put some pretty icons on it for you.

This is an update of the last idea; see attached. I have adjusted the fractal a bit to make it a bit more 'accurate'.

Looks more like blue to me but a sharp drop from here would paint the yellow picture.

These are massive bear market rally comparisons; 18 and dotcom crashes. We are probably in another one. Which will prob play out similarly. But who the f&^% knows right?

I use fractals as historical comparisons to keep my bias squashed, make me more flexible and ready. History does tend to repeat.

lfg

do the gates of Mordor open or not?

one things for sure we are in a highly correlated environment; crypto etc all gonna do whatever this pos does.

Kommentera:

the gates have opened; here come the orcs

Kommentera:

rebound to 4130 then the horde comes?

Kommentera:

3980ish first then bounce to 4130ish

Kommentera:

pinged 3980 perfectly,, now mini bounce?

Kommentera:

pretty much going as planned by the last recession. orange is well and truly in play. we are going over the falls here. great buying opp when the dust settles.

Kommentera:

interesting bounce, right on the line.. switching to blue? hrmm or mid term bottom.

Kommentera:

loves that blue line. thinking we drop here very soon. hard.