S&P 500 IndexShort
SP500 on a down trend for weeks?
Hi guys.
I calculated that the average correction is about 10%. There will be a correction in the stock market every 16 month (mean)
If taking that into consideration the market can go down to 3550, before jumping aggressively up again.
The market will continue its bullish trend, due to the huge amount of savings that hasn't been spent during lockdown. In addition, we forecast that the majority of the american people will have a vaccination in the upcoming month.
What do you think?
Please comment and share your thoughts.
I calculated that the average correction is about 10%. There will be a correction in the stock market every 16 month (mean)
If taking that into consideration the market can go down to 3550, before jumping aggressively up again.
The market will continue its bullish trend, due to the huge amount of savings that hasn't been spent during lockdown. In addition, we forecast that the majority of the american people will have a vaccination in the upcoming month.
What do you think?
Please comment and share your thoughts.
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Disclaimer
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.