SPX S&P500 that was the dip
After the S&P 500 broke the Uptrend, the price target for my group was the May top, which should turn into support:
So the price target was around 4220usd.
But there were lots of investors who bought the dip and didn`t waited for the obvious retracement after the broken uptrend, so SPX found support in May`s dip, 4280.
I expect a sideways movement before the S&P continues its rally.
So the price target was around 4220usd.
But there were lots of investors who bought the dip and didn`t waited for the obvious retracement after the broken uptrend, so SPX found support in May`s dip, 4280.
I expect a sideways movement before the S&P continues its rally.
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