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Beerworld

05/17/17 12:44 PM

#18009 RE: GLENO34 #18008

During the time from Nixon's second election until he left the market fell 50% year and a half period or so.

northam43

05/17/17 12:46 PM

#18010 RE: GLENO34 #18008

A SPX 1500 would mean that a W-SC-1 (overdue), a M-E-1 (due 1/1/18) & a Bear-E-1 (due 1/1/18) would have to get confirmed. Right now it would take a crash of major proportions to get the Weekly & Monthly MACDs (12,26,9) below the zero line.

Now if the SPX goes to the highs currently projected of 3422.78, a Bear-E-1 low would then likely be around 2516.