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JTheretohelp1
Sep 2, 2021 3:39 PM

$SPX Monthly 

S&P 500SP

Description

I drew this chart weeks ago, and technically speaking the S&P has topped if we use the 4.236 Extension as our Target. If the USD continues its decent, and the FED remains compelled to continue to print, the only logical conclusion is we will be nearing a FINAL Blow Off Phase (if the 4.236 Fib is breached). Personally this makes a lot of sense with my my thesis of crypto having its Final Fifth wave blow off top. Time will tell, But I have personally removed my own money from the Equity markets as I feel there is better rewards in other markets.
Comments
CM1815
Holy Cow. How much more do you think it might go up from here?
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