SPX fractal comparison off major lows - Updated #SPX chart
UPDATE - Well almost 2 months later and the fractal off the 2009 low, extremely compressed from 1 month to 2 days, reached new highs with very similar indicator patterns.
Watching for the MACD to turn up and rsi to stay well elevated to confirm it's still following along the analog.
The 1.618 fib extension target is just above 4075 and eyeballing the timeframe I would say right around election day.
Donchain Channels, 40ma, RSI , MACD, Williams %R
Watching for the MACD to turn up and rsi to stay well elevated to confirm it's still following along the analog.
The 1.618 fib extension target is just above 4075 and eyeballing the timeframe I would say right around election day.
Donchain Channels, 40ma, RSI , MACD, Williams %R
