Okay, we're entering a VERY interesting time now! The bottom in 2009 (666) have created one minor and one major fibonacci extention. They end at the numbers (3033 and 3666). Coincidence...? I think not ^^
Did I make those numbers up? - No, the market did. And who owns the market? Dude do ur own research not gonna spoon feed u here. Elliot wave analysis 1-5, + ABC correction for predicting bottoms in the coming recession.
Future outlook of sp500: Scenario 1: We hit only the last fibb line (100) of the MINOR scale. Top = 3033. We enter a recession very soon, it will all be blamed on TRUMP for his trade wars and he will lose the election in 2020. Scenario 2: We hit the last fibb line (100) of the MAJOR scale. Top = 3666. * If so, the coming recession will be the next presidents problem - trump will lose in 2020 on purpose - he knows the market will top and dont want the responsiblity for a recession.
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