- SP500 has had a top every 7 years.
- Technically we are at similar postures than in 2000 or 2007.
- There is the possiblity of a E (we had ABCD so far over 14years).
- In October, SP500 will find it difficult to pass 1980:
* Supporting channels that require rentry
* Monthly amplitude was already 160pts when average over 10periods is normally 85 (top of the month was 1970)
- Technically we are at similar postures than in 2000 or 2007.
- There is the possiblity of a E (we had ABCD so far over 14years).
- In October, SP500 will find it difficult to pass 1980:
* Supporting channels that require rentry
* Monthly amplitude was already 160pts when average over 10periods is normally 85 (top of the month was 1970)