YaKa

SP500 - Base Scenario Adjustment for 2015

CME_MINI:ES1!   S&P 500 E-MINI FUTURES
182 5 2

After reviewing the situation.

Taking into account Draghi on the 22 Jan15.

Taking into account the strong support at 2000/1990.

Taking into account that the market may want to have 3 oscillations at the top to complete 5 waves and mark a kind of local triple top, on this third top since June14.

I come with this. this is my best predict right now. It may change and will repost if so.

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jangseohee
2 years ago
i like it this way :-) but Mr. Market might not
Reply
JohnKeverich
2 years ago
Now, why should the market drop so hard? Especially now, when the US economy is growing at the fastest rate since 1990s? And how is Mr Draghi relevant to US market?

I agree, that if the support at 2000 is broken, a real breakdown can happen, but 1800 is overdoing it.
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YaKa PRO JohnKeverich
2 years ago
Market decides. We shall see.
-1 Reply
jangseohee YaKa
2 years ago
why not you post yearly or quarterly chart, Yacine?
Reply
jangseohee JohnKeverich
2 years ago
Happy 2015 John,
falling to 1800 is only a Decent correction, doesnt sound hard to me if it does happen!
Reply
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