SPX projection using a look back of 100 yearsThis is the variation on the analysis I did yesterday but with a look back of 100 years, to show you the flexibility of the indicators. This is a purely technical exercise, please remember that long term projections depend on deeper analysis of fundamental as well as technical factors.
for 2025 and a look back period of 100 years,
expected value: 6383
expected volatility: 18.8%
expected range: 5277 - 7489
probability of remaining within the expected range is above 70% with an analysis window of 10 years.