Of course in this crazy bull market, talking about reversal zones is always funny.
But well here it is.
If you believe in harmonic patterns, we have an almost perfect Bearish Crab, with an eye (B) between 38-50% of the dotcom krach. The subprime krach felt to 91% (very close to 88.6%)
And the PRZ (potential reversal zone) is at 161.8%, which is 7619 points.
If...
If you add the RSI, you could break a trend too to confirm the krach.
IN 2015 : PREPARE FOR A GOOD KRACH ON SP500.... Objective : 1525 or 1375 in 2015.