Forget 666; 808 Is The Number Of This Market's Beast
Submitted by Tyler Durden on 10/13/2012 13:27 -0400
Presented with little comment, except to say – it seems, as Boaz at EminiAddict points out, that the S&P 500 likes to travel around 808 points from swing low to swing high. Extending the analog suggests a drop to 565 on the S&P 500 by mid-2014.
and using EminiAddict’s channel projection… suggests a 565 swing low to come…
(h/t @eminiaddict)
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End of story so don’t listen to these quacks who’s preaching something else.