mikeoakster

A win for Le Pen but no crash for equities

FX:SPX500   S&P 500 Index der US gelisteten Aktien
167 0 5
Hi. Having no crash this year, it would be interesting to see a medium term ending diagonal unfolding during the next 5 years, completing a Fibonacci 13 years (next in the Fibonacci sequence after the 8) since the March 2009 bottom, postponing the crash to the year 2022, so a bit later than the time zone I posted in the related idea.

For now, if next week a new all time high is reached and is followed by an downward impulse to complete the ongoing correction, that could mean Le Pen is going to win the French elections, so I'm afraid we'll get bad news on May 7.

Or not.
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