Hi Peter,
Nice thread you got going here. Here is my chart on S&P500. The last time price touched mid line of the fork, it was the start of a massive fall ( about 30%). I am expecting the same here. Just a bit doubtful on the timing though. I use Fibo time zones on diff time frames and I get around mid -end may. Thought it could come handy in this thread as well.
Good luck.
Nice thread you got going here. Here is my chart on S&P500. The last time price touched mid line of the fork, it was the start of a massive fall ( about 30%). I am expecting the same here. Just a bit doubtful on the timing though. I use Fibo time zones on diff time frames and I get around mid -end may. Thought it could come handy in this thread as well.
Good luck.
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