Analysis Shows S&P 500 Could Leap To To Almost 3,500

My Parabolic Curve tool (on Optuma) and extension concepts applied to this SP500 monthly chart clearly identify major reversals and their relationships to the square root of the important low of December 1994 of 442.88. 

More importantly, support buying points since the 2009 low are clearly identified by the series of support levels (short blue horizontal lines) from each intersection of the support curve (from +4/9 on the time line ('x axis') with each time line of the PC grid (numbered 1-6). 

Notice the tops at 6sq & 9sq grid levels (short red horizontal lines) giving 12sq level of 3,473.32 as the next sequential resistance level. 
Wouldn't it be interesting if the Gold market had a similar set-up..?!?! (Coming next...)

Disclosure: Pattern to Profit, LLC and Scott Hathaway, any affiliates or employees or associated parties or third party data provider, shall not have any liability for any loss sustained by ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.