S&p 500

S&P 500 1%-trend on hourly chart

2012121212_sp500_60days.png



S&P 500 2%-trend on daily chart

2012121212_sp500_3months.png



S&P 500 3%-trend on daily chart

2012121212_sp500_3months2.png
 
Quote from viktor_k67:

S&P 500 2%-trend on daily chart

2012121212_sp500_3months.png
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I am interested, how does one calculate 100% at levels 1434 & 1343?
I notice 1343 = 0% and 1434 = 100% Can this be explained on how arrived?

Also the title of the chart = S&P 500 2%, what does this mean?

Is this Fibonacci numbering being referenced?
Thx
 
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