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ch4otik
18 Jan 2016 pukul 02.34

S&P 500: Tracking Trends and S&R Lines Singkat

SPDR S&P 500 ETF TRUSTArca

Huraian

This chart is just to post a theory. I do not know if I am right, and I do not know if I am wrong. I actually hope I am wrong. The top trend line was designed to meet the long term bottom trend line at a point close to or at a support and resistance line in order to anticipate when the market might officially tank.
Again, this is simply a theory. I designed it to fit with my view that, though it might slowly decline with lower lows and lower highs, political reasons will not allow the market to crash during the current administration. For this reason, the lines intentionally converge at a point after the 2016 elections.
Again, this is all opinion and is not based on sound analysis. It is just conjecture. If it turns out to be right, then maybe I really will start believing in conspiracies about wealth distribution.

Komen

Well.
The intentionally designed chart was disproved so no conspiracies about wealth distribution for me.
Lebih