Very important short term support from the trendlines @ 1830 & 1770 area. If that breaks at the close of the candle (=month) that would signal further downside pressure to 1650 (green support).
Based on Time and Pattern Analysis, I expect the S&P500 to reach new Highs end of 2016 after which Time is running out, the financial system as we know it will implode and history will be repeated.
The chart says we need to prepare ourselves. If I'm correct, which I hope I'm not, then 2000 and 2007 will feel like a walk in the park compared to what is coming after 2016.
Based on Time and Pattern Analysis, I expect the S&P500 to reach new Highs end of 2016 after which Time is running out, the financial system as we know it will implode and history will be repeated.
The chart says we need to prepare ourselves. If I'm correct, which I hope I'm not, then 2000 and 2007 will feel like a walk in the park compared to what is coming after 2016.