The S&P500 reached our target-box in yellow and dropped like a stone.
The impulsive sell-off confirms our primary scenario. Our next target now resides at 3262 points, bevor the bulls have a Chace to push back. We give the scenario in which the market stabilizes, in the range of 3262 - 3075 points, a probability of 38%.
Should the S&P500 reach the blue target box at 2883 points in our primary expectation, then this would be a tremendous long-term buying opportunity. Long-term, we see the S&P500 getting to 5000 points.
Feel free to share your thoughts.
Happy to discuss the next move.
The impulsive sell-off confirms our primary scenario. Our next target now resides at 3262 points, bevor the bulls have a Chace to push back. We give the scenario in which the market stabilizes, in the range of 3262 - 3075 points, a probability of 38%.
Should the S&P500 reach the blue target box at 2883 points in our primary expectation, then this would be a tremendous long-term buying opportunity. Long-term, we see the S&P500 getting to 5000 points.
Feel free to share your thoughts.
Happy to discuss the next move.
📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.