Indice S&P 500Long
SPX: 15-yr Bull Cycle projection using 2018 Megaphone pattern
This is just a fractal projection of how this 2009 5-wave bull cycle may end. I use the 2018 to 2020 megaphone patter since 2022 going forward will see a lot of volatility.
Distance between the 2 tops in this megaphone pattern is 73 bars or 510 days apart. The first top in 29Aug2022.
The second top (end of 5 waves) in 22Jan2024 at around the 5600 zone after a melt-up top.
(This signals the completion of the 2009 15-year bull market cycle & the start of major ABC correction)
I do this just for fun. Pls take this with a grain of salt.
pls press the like button if you enjoy it.
Distance between the 2 tops in this megaphone pattern is 73 bars or 510 days apart. The first top in 29Aug2022.
The second top (end of 5 waves) in 22Jan2024 at around the 5600 zone after a melt-up top.
(This signals the completion of the 2009 15-year bull market cycle & the start of major ABC correction)
I do this just for fun. Pls take this with a grain of salt.
pls press the like button if you enjoy it.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.