ecramer

S & P 500 80 Year Trend Line! Log Chart

Short
SPCFD:SPX   S&P 500 Index
We are right up to that long term trend line!
Click my name and you can see from my previous charts of this long term trend line .
It's a very important line if you look at it close up on a Monthly basis and the importance this line has had over the past 80 years.
The 1987 Stock market crash came right up to this line.
Right before Nixon resigned it came up to this line then crashed by 50%.
We have not been over this line since the financial crises.
January 2018 it came up to this line and had a minor correction.
All thoughts are welcomed.
Thank You

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