S&P 500 IndexShort
S&P - long term prediction = 1,550
Pretty straightforward. 2,758 is the current resistance area that won't be broken so I look for a move down to 2,100 area over the coming weeks. I do not believe this area will hold due to a variety of reasons (corona, upcoming election, etc.).
I look for the 1,550 area to be the low on this long move down.
thoughts/comments?
TG
I look for the 1,550 area to be the low on this long move down.
thoughts/comments?
TG
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Disclaimer
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.