SP500 : Intermediate Bull Target of 2435.
Updated
I believe that we may do pullback on daily or weekly chart but the bull is still intact for next 1 or 2 months as we have structural breakout from Consolidation and we are in midway of impulse (5th wave).
My First target would be around 2435
you can take entry at next pullback around 2240 and target the 200 points up
SL can be whichever is affordable according your money management
Happy Trading
My First target would be around 2435
you can take entry at next pullback around 2240 and target the 200 points up
SL can be whichever is affordable according your money management
Happy Trading
Note
On 4hr TF, you can put Buy entry at 50% or 61.8% of retracement and target 2300.Note
very very close to the first targetNote
expect more consolidation next week and then extension of 5Trade closed: target reached
2470
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