SP500 long term target 2300 then 1650
We will have a dead cat bounce up to ~3200 to activate a butterfly target at 2300. Right on previous major LOW. We need AT LEAST 3200 for this to work.
Then another dead cat, and a fall to 1650, to complete a shark pattern.
Once we reach 1650, market could range between 1650 and 2500 for years.
It's blowing my mind how the 161% extensions (golden number) are aligned with key levels.
At 3400, 2300 and 1650.
Then another dead cat, and a fall to 1650, to complete a shark pattern.
Once we reach 1650, market could range between 1650 and 2500 for years.
It's blowing my mind how the 161% extensions (golden number) are aligned with key levels.
At 3400, 2300 and 1650.
Note
It's bouncing. It will be chaotic but we will reach 3200
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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.