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Green_Star_Trading
7 feb 2021 20:24

Stock market (S&P 500) in final leg up? 

SPDR S&P 500 ETF TRUSTArca

Beskrivning

The count I have for the SPY is pointing to a major top on the horizon. If the count is correct it could signify the completetion of this 12 year bull market.
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Kommentarer
igord2
It is not just 12 year top, it is *the* final top, few more months of crawling within a wedge...
Green_Star_Trading
@igord2, Yes it could be the grand super cycle 1 top. 90 year cycle comming to an end. But it could also be super cycle 3 of grand super cycle 1.
Only time is going to tell on that one.
igord2
@Green_Star_Trading, it is the 230y trend that is coming to an end, all Fibonacci numbers have aligned. While it was hard to guess how/why 15y ago when I plotted the ominous chart, it has become pretty obvious how/why in the last year. Each rise and fall in the past 15 years was like a (Fibonacci) clock counting backwards. We have megaphones within megaphones, talk about fractal structure.
Mer