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An Important Bottom Could be Made on May 17, 2024

Short
L'indice S&P 500 (SP:SPX)  
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SP:SPX   L'indice S&P 500
Trend Analysis
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trendanalysis
Assuming the SPX continues to trend lower an important bottom could be made on 05/17/24.

The bull phase from 01/05/24 to 03/28/24 was 57 trading days multiplied by the Fibonacci ratio of .618 equals 35 trading days. Adding 35 trading days to 03/28/24 targets 05/17/24 for a potential SPX turn.

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