Raw chart data, courtesy of stockcharts.com

This Fib. Spiral Projection from the 1994 low is interesting. Larger corrections in the past have started when the OEX met spiral resistance. I.e. the Fall 2002 high came right at spiral resistance, see how it followed the spiral lower, struggling to break through, which it finally did in early 2003.

Below is another one, a Dow 30 projection from the 1974 low. I.e. see the perfect hit of a spiral line, before the 1987 crash started.

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