CajunXChange
Short

SPX M 1.618 AB=CD 1987, 2007, 2009, 2015

SP:SPX   S&P 500 Index
78 2 2
The S&P             has completed a bearish ab=cd from 1987 low. The pattern completes ~2100 when using b point, which points to the close from the 09 low. Given that the candle wick measures ~100 points lower than b, I drew a fib from high to low using the wicks and the 1.618 comes in at 2127. If the index does manage to break above this number, look for 2500 as the next hurdle.
what does this look like on a log scale?
Reply
CajunXChange dionvuletich
Apologize on the tardiness but this is the log
Along with WTI
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out