So to follow the next move % wise spx has to move up 7% off this low ? And then it will fall to 1380 ?
most of the analog is in, about 400 points up then spike down, spelling doom to equities, its a possible scenario then US bond market would benefit tremendously and long term rates would be at or below historic lows. it would create a japanese type deflationary scenario.
http://i.imgur.com/zMLouoQ.png http://imgur.com/0ASddiZ these patterns are rare,go unnoticed and rarely play out