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SebastienYC_FR

Two scenario for sp500 : 3100 or 2350

S&P 500 Index (SP:SPX)  
SebastienYC_FR Updated   
SP:SPX   S&P 500 Index
Harmonic Patterns SPX (S&P 500 Index) sp500index
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harmonicpatterns spx sp500index
In january 2008, the market felt but "dead-cat-bounced" with a bullish butterfly. The configuration was exactly like today.
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Comment:
It looks obvious to me, SPX has broken the trend line in log scale (that's the only one working for long term chart). Currently there is a "5-0 bearish pattern", pushing down.
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