SPX to 4600+ 3/28/22 (The week ahead)
Updated
The week overall appears bullish and all
the markets need right now is anything
that'll help run it up some more. There'll
be a plentiful of good news coming up
that will give something to the MMs to
sink their teeth onto.
As for my targets, the price will be driven
up to 4626, perhaps some dollars higher
if we're to come into extra volatility.
However, I would be careful around these
levels going forward, as the MMs will
decidedly so find a way to take profits
around the early 4620s, potentially finding
support around the 4500s specifically
4504.
the markets need right now is anything
that'll help run it up some more. There'll
be a plentiful of good news coming up
that will give something to the MMs to
sink their teeth onto.
As for my targets, the price will be driven
up to 4626, perhaps some dollars higher
if we're to come into extra volatility.
However, I would be careful around these
levels going forward, as the MMs will
decidedly so find a way to take profits
around the early 4620s, potentially finding
support around the 4500s specifically
4504.
Note
We may encounter some resistance around 4584 on the way to 4600+. Be on the lookout
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