SPX downturn targets: SP500 to 2500?
Risk-Off seems to be in the air.
Based on numerous fibs, I could see the index dropping to 2500.
The ABC path I have drawn is a rough guess.
BUT the supports (green zones) are NOT rough guesses, but precisely defined by Fibs.
Lets see how it goes. I am sure Trump will say more things to try and prop it up.
Based on numerous fibs, I could see the index dropping to 2500.
The ABC path I have drawn is a rough guess.
BUT the supports (green zones) are NOT rough guesses, but precisely defined by Fibs.
Lets see how it goes. I am sure Trump will say more things to try and prop it up.
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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.