Imagine if this simple calculation on $SPX,gave us the last high of 14 September 2012 at 1474.51 for the time being.
Calculation: low (2002)768.63 less low (2009)666.79 equals
101.84 difference.
Take 101.84 from high(2007)1576.09 = 1474.25
Matches high 14 September 2012 @ 1474.51
Out by .0.26,close enough.
Where to from now I ask ?
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