As it could be seen from the picture, SPX500 two months ago was around 3026, which is 0.618 extension.
Now, if it goes up then next target is around 3200.
This could be done in next few months, we all know that market is irrational.
And, of course it could go down, as I am betting.
Earnings are coming, one big disappointment could change everything.
Now, if it goes up then next target is around 3200.
This could be done in next few months, we all know that market is irrational.
And, of course it could go down, as I am betting.
Earnings are coming, one big disappointment could change everything.
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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.