SPX: 15-yr Bull Cycle projection using 2018 Megaphone pattern
This is just a fractal projection of how this 2009 5-wave bull cycle may end. I use the 2018 to 2020 megaphone patter since 2022 going forward will see a lot of volatility.
Distance between the 2 tops in this megaphone pattern is 73 bars or 510 days apart. The first top in 29Aug2022.
The second top (end of 5 waves) in 22Jan2024 at around the 5600 zone after a melt-up top.
(This signals the completion of the 2009 15-year bull market cycle & the start of major ABC correction)
I do this just for fun. Pls take this with a grain of salt.
pls press the like button if you enjoy it.
Distance between the 2 tops in this megaphone pattern is 73 bars or 510 days apart. The first top in 29Aug2022.
The second top (end of 5 waves) in 22Jan2024 at around the 5600 zone after a melt-up top.
(This signals the completion of the 2009 15-year bull market cycle & the start of major ABC correction)
I do this just for fun. Pls take this with a grain of salt.
pls press the like button if you enjoy it.
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