Friday, December 7, 2012

A 20 year look at the S&P 500 Chart - $ES_F

Kinda spooky.... will history repeat itself for a 3rd time with a failure of the 1550 area resulting in a crash below S&P 1000? or will we defy all the negativity and continue to meander towards 1550 without the "GIGANTIC H&S" completing itself as 2013 gets going.

If you look closely you will see during December of 1999 the ES traded between 1355 and 1489.

20 year ES

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