May 18, 2016
CNBC: The S&P 500 could plummet to 1,573 this year: NorthmanTrader's Henrich
"If GAAP earnings can reverse the trend and reverse higher, then markets can break to sustained new highs with technical targets of 2,334 and 2,458," Henrich told CNBC.
That's 4 significant digits of precision on both the downside target and the upside target. Scientists and mathematicians agree, you can therefore trust these numbers.
What? Confused about what to do? Need I really spell it out?
1. The S&P 500 could fall 22.89% ± 0.01%. Scary! Sell your stocks!
2. The S&P 500 could rise 20.49% ± 0.01%. Awesome! Buy back those stocks you just sold!
3. Repeat until transaction fees financially ruin you.
I can't speak for you, but I'm always looking for new ways to add more technical analysis into my life. It makes everything so much more predictable.
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