Massive Head and Shoulders forming
Here is a forecast of what I expect is likely to happen to SPX over the next 5-10 years. I believe a Massive Head and shoulders will be forming. Right now we are making the R shoulder.
This is not just some random idea that would be cool if it worked. This is based off of EW theory, where I am expecting a zigzag to be forming from 09 lows, followed by an Impulse down in a C wave.
This is an option the market can take. The general idea of a massive rally followed by massive crash will still happen even if a traditional head and shoulders doesn't form.
This is not just some random idea that would be cool if it worked. This is based off of EW theory, where I am expecting a zigzag to be forming from 09 lows, followed by an Impulse down in a C wave.
This is an option the market can take. The general idea of a massive rally followed by massive crash will still happen even if a traditional head and shoulders doesn't form.
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