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A Setup for Massive Failure?

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The S&P 500 (INDEXSP:.INX) at 1657 is 90 degrees square the big October 4 anniversary pivot. This is the anniversary of the October 4 2011 low 720 degrees ago in time. In addition early October is the 11-year anniversary of the 2002 bear market low as well as the sixth anniversary of the 2007 top. October 4 also marked the last pivot high in 1987 prior to the slide that culminated with Black Monday October 19 1987. This was 26 years ago. As we noted last week Gann-wise it is alarming that 26 vibrates and aligns with October 28 which ...
    







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