Comparing the S&P 500 Monthly Chart to the Bitcoin 2017 Chart, you can see a similar fractal.
Using the Fib Extentions, you can see similar resistance and support areas.
My theory is we are entering the parabolic phase and my prediction is S&P 500 Melts up to 8000 - 9000 points.
If this holds true, S&P 500 could continue a similar fractal as the 2018 bear market.
The Nikkei 225 Index made a similar fractal as Bitcoin 2017 - 2018 which led to years of stagflation.
Using the Fib Extentions, you can see similar resistance and support areas.
My theory is we are entering the parabolic phase and my prediction is S&P 500 Melts up to 8000 - 9000 points.
If this holds true, S&P 500 could continue a similar fractal as the 2018 bear market.
The Nikkei 225 Index made a similar fractal as Bitcoin 2017 - 2018 which led to years of stagflation.
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