S&P500: Time Extension Calculation

On June 20, 2024 a comparison between the S&P500 1961 to 1969 and 2020 to 2024 charts was conducted. This provided a general outline of similarities in the structures relative to price movements. Big block distribution patterns identified on June 26, 2024 provided a base for Fibonacci time extension calculation points. At this point June 27, 2026 is a match for December 6, 1968, as shown in the charts below.

Charts courtesy of StockCharts.com.

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