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bryonss
Dec 6, 2018 1:50 PM

SPX and most probable of four possibilities 

S&P 500SP

Description

The blue line is most probable. Since no recession, the red line is very unlikely and the orange line is also unlikely. The green line seems to be losing probability fast.
Comments
bryonss
By 2020 the market will decide whether to continue in the channel started in 2009 or if it will continue in the channel started in 2018.
bryonss
Green line is the exuberance-maximus, thanks to Fed cancelling rate hikes.
bryonss
Dip was steeper than my worst case line.
bryonss
Now the Orange line is looking most probable. Not likely to go back up to blue or green lines.
bryonss
Since all four lines are possible, it makes me wonder, how predictive is charting?
bryonss
In spite of the down day today, I still think the green line is possible.
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