iGoddard

Maybe not so bad after all?

iGoddard Updated   
SP:SPX   S&P 500 Index
Here's a predictive trend-based model that suggests the current turbulence might not foretell doom. The conspicuous parabolic movement at the start of this year was out of trend, and is simply being corrected back into trend, according to this hypothetical model. Curiously, notice that it's almost like sheering forces (yellow lines) shot across the trend at about a 45-degree angle to the trend defining the (a) slope, (b) peaks and (c) valleys of the turbulence to date.
Comment:
A zoom-in on the post-peak turbulence, using the Dow...
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