S&P500 - Predicting the next crash, PRICE AND TIME
Predicting the next crash using a long trendline from 1932 crash which has touched and acted as support for every other crash thereafter.
Here is the data from the previous 2 crashes
-784 points loss after the Tech bubble of year 2000
-900 points loss after the mortgage chrisis of 2008
... Mean average of both is 846 points
3025 - 846 = 2179 is support level for SPX/S&P500
Angle for both crashes
41 degree angle for year 2000 + 61 degrees angle for year 2008
Mean average of both is 51 degrees
Here is the data from the previous 2 crashes
-784 points loss after the Tech bubble of year 2000
-900 points loss after the mortgage chrisis of 2008
... Mean average of both is 846 points
3025 - 846 = 2179 is support level for SPX/S&P500
Angle for both crashes
41 degree angle for year 2000 + 61 degrees angle for year 2008
Mean average of both is 51 degrees
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