Crashing markets across the board, still 1700 by mid-year isn't out of the question.
I've revised the channel pitch since the steeper channel failed to hold. Provided the prior pitch holds we should see a tentative recovery until the downtrend is officially broken. I've marked the upside targets in blue on the fib extension tool.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.