SPX S&P500 Analysis
Long term view of SPX
I'm using
FIb retracement-logscale (orange)
Trend Based Fib extension-log scale (color)
Comparison between the last three major deeps. I the three last tops.
My personal view is that the SPX is going to go down to the 50ma (monthly chart) / 0.382 on the FIb retracement, and then continue its rally to 100% in the trend-based fib extension maybe till 2030 then a major crash.
Time will tell.
I'm using
FIb retracement-logscale (orange)
Trend Based Fib extension-log scale (color)
Comparison between the last three major deeps. I the three last tops.
My personal view is that the SPX is going to go down to the 50ma (monthly chart) / 0.382 on the FIb retracement, and then continue its rally to 100% in the trend-based fib extension maybe till 2030 then a major crash.
Time will tell.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.