S&P 500 Weekly price outlook

Here we face a weekly chart of the S&P 500. I desagregated the overall downtrend leading from the 12th of Oct 2007 to the 1st of March 2009. The decomposition is phi-based (shown in red rectangles). Results are amazingly accurate. Important price fields are designed to be the blue rectangles. Here we see that the lowest price ranged trend gives the most kosher data to the future price (both supports and resistances)