Curious that the SP500 is exactly at the 2.618 advancement line when measured from the pre 2009 crash to the bottom.
This method is useful in predicting market tops on the next cycle.
The next major fib resistance level is nearly 4000 so I would expect a pull back from here.
Might not be at this EXACT moment, but around here will do.
This method is useful in predicting market tops on the next cycle.
The next major fib resistance level is nearly 4000 so I would expect a pull back from here.
Might not be at this EXACT moment, but around here will do.
