S&P 500 Market Forecast

Updated
Possible glidepath for the S&P 500
Possible glidepath for the S&P 500
Possible glidepath for the S&P 500
Note
This analysis does not include time projection. I can't fit that many arrows without spacing them out. This is more of a 6-18 month timeframe given how fast the market has been moving due to QE. I invest by reacting to what the market is doing not based on my opinion. This is a big inflection for the market given its between the 50-61.8% fib as long as a major trendline. I only buy or sell at significant trendlines at the first pullback the week the bounce happens so I can have a tight stop since I want the market to tip its hand rather than buying right at the trendline. As long as it stays above the trendline I am long. If it breaks I will short at the first pullback. Thats why I included the combination of numbers and letters to show possible paths
Chart PatternsTrend Analysis

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