Bounce here?

S&P 500 index of US listed sharesFXCM

Description

⋅ Aug 20, 2015 8:17 PM

Here I give a clearer picture. Bounce here at around 2025 possibly. This channel in non-log scale is pretty solid!
This same channel helped me predict the bottom in October 2014.

(many confusing lines here are drawn with log scale, ignore them)

Comments

SimonJonsson

⋅ Aug 29, 2015 11:51 AM

The red trend line should now be resistance.