SPX ... S&P 500 levels from 1877-1932, an omen

1 ม.ค.

The following is a few examples of why things aren't looking good for the SPX and why it could be on its way to lower levels...

First the looking back of back testing this 1877 line.



further...



further...



further...



furthering...(White line removed and replaced with Grey...so not confuse on next picture)



still furthering...(Top White line is not the same as White in previous pictures*)



A clear showing how what is to come is a bounce or straight crash through levels when the crack in the tech world...or what i call "The gr(AI)t short"

Basically this is an idea for you to pick a color and count from 1877 to 2024 which has more touches; from there you have the best support line..kinda

More detailed short term posts will come soon...just figured out how to imbed these pics/charts