Now if you traded the S&P i Euro, would you be scared?

What you should notice about this chart is the precision in the fib and geometry and how they interact.
1.For the schiffs Median Lines (pitchfork) I use three points. a) The bottom of 1987 the top of 2000 and c) the bottom of 2003
2. Watch how the trendline from 1973 connected to the bottom of 2003
3. The bottom of 2003 is precisely 61,8% of the 1974-2000 bullmarket
4. The red support cluster to the right is a collection of fib ratios of the earlier declines marked by red arrows 1-4

If we keep below 800 tomorrow we have a monthly closing low below all these support levels





Now if you traded NDX in Euro, it would look like this.

Scary precision isn't it?

Scary on any scale, come to think of it....