iamajeya

SPX500 Long to 2450

Alış
FX:SPX500   S&P 500 Endeksi
My previous target was 2388 (in between 0.5 and 0.618 extension of wave 3-4). I now believe the market will show bullish moves unto 2450 before setting in for a reversal in the second half of 2017. The extreme target for this bullish move can extend to 2567 which is measured move of wave 1 and also 2.414 extension of previous cycle. Historically SPX has failed to reach it's full measured move and thereby I picked the 2450 target. If bearish tendencies persist then the 2388 or a round 2400 target may come in effect.

Hard landing is based on the long term support from multi-year lows, soft landing is based on a combination of .5 retracement and multi-year highs (resistance should act as support)

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.