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ecramer
Dec 23, 2019 9:16 PM

S & P 500 Index this is the only other pattern. Short

S&P 500SP

Description

This is the only other pattern in the history of the S & P 500 where the trend line looks like today's situation.
All thought's are welcomed.
Thank You
Comments
ecramer
One more thing to add that trump's impeachment.
Goes with the same story of the chart above with Nixsons impeachment timeline!
Both could be and illusory correlation but the time lines and the 10 -11 year trend lines are the closest thing's that I can compare to right now.
Interesting
ecramer
For the perfect look the S & P would hit 3233 - 3250
Not required though!
Can you find any other pattern in S & P going all the way back to 1871?
This was the only one I could find where it broke through then managed to follow it for some time before it broke down.
merkd1904
Same 10-11 year time period even huh? The RSI Honestly i think the central banks are terrified of the next downturn for some reason and they're doing their best to keep the party going. We'll have the Fed buying massive amounts of securities (QE 4.5) to keep things buoyant before they let the markets get halved.
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