S&P 500 immediate term target.
Maintaining a bullish stance on the S&P500 as it makes an all-time high.
As anticipated, stimulus hopes are whats driving the markets in the last few trading sessions.
Target for the immediate term (next 6 trading days) is 375.
Macd is bearish crossover seems like a false sell signal and the RSI is looking for a run up to the red line.
Bullish till after the stimulus is announced and then going into Jan I would assume some uncertainty going into the run-off elections.
Expecting to see a strong close to the week tomorrow.
Thank you for reading.
**Just an opinion
As anticipated, stimulus hopes are whats driving the markets in the last few trading sessions.
Target for the immediate term (next 6 trading days) is 375.
Macd is bearish crossover seems like a false sell signal and the RSI is looking for a run up to the red line.
Bullish till after the stimulus is announced and then going into Jan I would assume some uncertainty going into the run-off elections.
Expecting to see a strong close to the week tomorrow.
Thank you for reading.
**Just an opinion
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.