Hello Traders,
Looking at a long term view of the S&P500, the predictive/forecasting model has produced the following numerical targets:
High Probability = 2335.3
Medium Probability = 2536.0
Low Probability = 2830.1
The lower the probability of attainment, the higher the probability of reversal.
Stay tuned for this multi year chart as I will update it far into the future.
Best,
Chartistry
Looking at a long term view of the S&P500, the predictive/forecasting model has produced the following numerical targets:
High Probability = 2335.3
Medium Probability = 2536.0
Low Probability = 2830.1
The lower the probability of attainment, the higher the probability of reversal.
Stay tuned for this multi year chart as I will update it far into the future.
Best,
Chartistry
Note
UPDATE: Decline in the first quarter of 2017.Hello Traders,
Expect a small decline for the first few weeks in 2017. The decline will satisfy the Wolfe Wave created at the Weekly level. The reaction off of the 1-4 line will be a strong one as price continues to find its path toward 2335.3 and 2536.0.
More updates to come in the coming weeks.
Best,
Chartistry
Note
UPDATE: Hello Traders, as of this month SPX hit the first target of 2335. A close above 2335 would validate a high probability move to the next target of 2536.I'd be curious to see here how steep this leg up will go....and how quickly it will fall.
Best,
Chartistry
Note
It has been a little over a year since I posted this prediction. We have now come to a breaking point. All three (3) targets have been hit with 2830.1 having a high probability of a REVERSAL not a pullback. 
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.