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SPX/SPY: Next Short Term Target 2.880

Long
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FOREXCOM:SPX500   S&P 500 Index
After G7, Fed and EZB decissions global stockmarkets gaining on new upside momentum, unexpectedly. Next target for the US 500 is 2.880 - the former all time highs from earlier this year.

This trading idea follows up the short term target TI (2.800):

(please click on the chart to load facts & figure)
Trade active:
Billionaire Koch brothers network unveil phase one of multimillion-dollar ad campaign against President Trump's tariffs

Billionaire brothers Charles and David Koch are unveiling a multimillion-dollar ad campaign against President Donald Trump's tariffs.

The first phase of the ad campaign, which is funded by the Koch network's Freedom Partners organization, will air on TV and radio starting in June.
The campaign will call on Congress to support free trade policies and abandon Trump's protectionist goals.
www.cnbc.com/2018/06...-trumps-tariffs.html
Comment:
Trumps „Trade War“ backfires Trump himself now:

Europe strikes back against Trump tariffs as global trade war escalates
www.cnbc.com/2018/06...e-war-escalates.html
Comment:
"Trumps Trade War" backfires Trump:

China Energy executives cancel West Virginia trip amid trade dispute
www.reuters.com/arti...ispute-idUSKBN1JG3KO
Trade active:
2018 U.S. House Midterm Elections Forecast
www.thecrosstab.com/...8-midterms-forecast/

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