SPX will top around ~4500
I think, SPX will top around 6500, previous history show, when it reached the RED LINE, it drops significantly.
The RED LINE AVG is around $6500
The GREEN LINE AVG which maybe bottom is around $2600
The bottom chart is supporting the scenario, the 3 Quarter Average.
The RED Horizontal line is the 1929 TOP. Simulating the candle if it will close to $4500, it can still go further.
The Price Chart Bullish scenario is when a candle close above the RED LINE, the price will go ballistic if this happened. You will see massive candles above the red line.
The RED LINE AVG is around $6500
The GREEN LINE AVG which maybe bottom is around $2600
The bottom chart is supporting the scenario, the 3 Quarter Average.
The RED Horizontal line is the 1929 TOP. Simulating the candle if it will close to $4500, it can still go further.
The Price Chart Bullish scenario is when a candle close above the RED LINE, the price will go ballistic if this happened. You will see massive candles above the red line.
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