A Sloper’s Analog

By -

A Sloper by the avatar name of phantomcapital sent me his view of the market's future. I really, really like this analog he put together, and he kindly gave me permission to share it with all of you. It lines up nicely with my own thinking.

As we all know, it's dangerous to get married to analogs, but if you follow the mantra that "it works until it stops working", you'll be better off. Thank you, phantomcapital, for your hard work on this and allowing me to let the group see your chart.

0907-spx-analog