The 7.5 Year Itch Starts Next Week

Tyler Durden's picture

A gentle reminder that next week sees the beginning of the market's seven-and-a-half year itch...

 

Stranger things have happened...

Remember the stop-on-a-dime 666 lows of the S&P...

 

We have extended an almost-perfect Fibonnaci 61.8% off the last high-to-low swing... (as The S&P remains shy of the 2134 resistance.)

 

The S&P has recovered its inflation-adjusted peak...

 

 

And The Nasdaq has recovered its bubble highs...

 

 

Charts: Bloomberg

h/t Brad Wishak