S&P 500 IndexLong
SPX Long Into June 2024
Updated
Approxed.
SPX as another alternative currency- the total productivity, of all, as listed on SPX- this one, I assume here, has bottomed one month before the other two alternative currencies (see previous two published ideas, gold and btc. Both bottomed No/22). The chart is too cumbersome to find other blue lines to draw. Sorry.
The 2020 drop is comparable to the year 1990 wherein the s/r was punctured to the downside before resuming upward trend.
The blue lines meet to model June 2024. Just my opinions.
The blue lines meet to model June 2024. Just my opinions.
SPX as another alternative currency- the total productivity, of all, as listed on SPX- this one, I assume here, has bottomed one month before the other two alternative currencies (see previous two published ideas, gold and btc. Both bottomed No/22). The chart is too cumbersome to find other blue lines to draw. Sorry.
The 2020 drop is comparable to the year 1990 wherein the s/r was punctured to the downside before resuming upward trend.
The blue lines meet to model June 2024. Just my opinions.
The blue lines meet to model June 2024. Just my opinions.
Note
Oil does not look to bottom in Oct/Nov of 2022. It still trended down until the last low of March 2023. My oil short idea projects bottom around Oct/Nov 2023. 
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