$104.5 potential target explanation; mechanical oscillation theory
something like that
We went up 50% exactly from Oct 2011
So 1 year and months later, we are up to 1.5 times where we were.
Oscillation theory says we drop to 2/3 of the 1/2, which ways we drop 1/3 of 156.8.
That' $104.5 for SPY.
That's assuming we hit the top, which might be a bad assumption, but I think we have. Could be wrong.