Wednesday, 11 April 2012
The mini cycle of the SP500 : 2012=2011=2010
In the chart the S&P500 is indexed with itself 13 and 26 months ago.
Then you see the regularity of the mini cycle for the S&P500: what a resemblance with 2010 and 2011!
The bears will get their best times only around August, maybe already at the end of May/June when the resemblance will stay strong (it probably will be not as strong as the chart let you believe).
Now the attention is focused on the resemblance with now and 2011, but the comparison with 2010 would be stronger according to me.
By the way, the comparisons with 2010 and 2011 learn that the current correction could be over soon.