Alchemia

S+P 500 fight back or drop like 2007/8

SP:SPX   S&P 500 Index
IGNORE ROG PARTS....
need to learn how this works :)



Do we repeat 2007/8 drop out of zone or can we recover:

Key Dates: Week of 22. November: Close over 4k will be small sing that we are out of the ultimate danger zone... but be carefull it's still a bearish setup.


Around 14th February:
Bullish: Close the week over 4.3k and we will be through the bigest trouble.
Who Knows: Between 3.8k and 4.3k it's more like a rollercoster and no real trend is obvious.
Welcome back 2007/8: Bellow 3.6k will it hurting the market as hard as then, or even harder... one is clear it will go down.
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