S&P 500 IndexLong
Stocks Hit Our Profit Target!! 🥳
Stocks have finally hit our profit target at 4462. This was a long time in the making and we've identified this as a profit target last month. The path to get there certainly was not quick, as the S&P has gradually drifted to this target, in contrast to the emphatic breakout we expected. We should see some resistance at this level, so some ranging is anticipated. From below, 4431 will provide support. The Kovach OBV is still very bullish so the run could still have legs.
Join my discord at discord.io/quantguy
Related publications
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.