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S&P500 Realistic Long Term Outlook

FX:SPX500   S&P 500 index of US listed shares
The Median Annual growth in the S&P 500 Index             from 1970 to 2014 is 12.64%. As long as goods are bought and sold and global economic growth continues, the S&P 500             will follow. Yung Finance's Chart on why you shouldn't be worried about another recession (In Comments Section) helps to illustrate this concept. Aside from fundamentals, Cloned 1980-2000 price action helps give a general idea of what to expect in the distant future. The Fibonacci resistance channel has spectacular influence on price action and will most likely continue to do so. The next significant Fibonacci resistance level is around the 10,000 Point level which leave tremendous room for growth. I hope this TA as helpful and if it was please leave a like or a comment! Happy Trading (Or in this case long term investing)
WHY YOU SHOULDNT BE WORRIED ABOUT ANOTHER RECESSION
+1 Reply
IceTrading PRO IceTrading
a year ago
This chart again helps to illustrate the concept of why Global economic growth is most likely to continue. Courtesy of @yungfinance
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Excellent, looks good.
+1 Reply
Longtermtrader
a year ago
My view exactly. Really cool Fib Resistance correlation you found there
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