>>gdl: RE Most-likely-we-do-not-test-the 1550 range
nice summary, and we have shared the same perception.
05/19/14 miscellaneous updates I speculated the dip will not reach 1560 on the first large pullback, thus the reason I think the best bear case could be 1721-1688.
03/15/14 long term perspective Now, let’s check what is the minimum high so that its 0.618 pullback with reference to 1343.35 will not be lower than 1560.33? The answer is 1911.36. , very close to the unrealized intermediate term high target 1903.59.
imho, 1931.41 is the pivot/inflection point to gauge whether SPX will enter the zone 1970-2050.
I was posting in the other thread, For your reference, Here is a quick summary for the work i did
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