Charts depict the FIB relationship that the middle point between Oct/11 low to Dec/14 high (as of 12/05) is almost to the exact peak in Oct/07. Therefore, i am ‘convinced’ the apex is around the corner (with + 1~2% overrun),
As of 12/05/14 SPX 2079.76 (2100, 2130) vs. actual 2079.47 DJI 17975.13 (18062, 18484) vs. actual 17991.19 (+0.089%)
2015 projection Here is the worst case number for both DJI & SPX in 2015. Timing will be discussed separately.