SPX downturn targets: SP500 to 2500?
Risk-Off seems to be in the air.
Based on numerous fibs, I could see the index dropping to 2500.
The ABC path I have drawn is a rough guess.
BUT the supports (green zones) are NOT rough guesses, but precisely defined by Fibs.
Lets see how it goes. I am sure Trump will say more things to try and prop it up.
Based on numerous fibs, I could see the index dropping to 2500.
The ABC path I have drawn is a rough guess.
BUT the supports (green zones) are NOT rough guesses, but precisely defined by Fibs.
Lets see how it goes. I am sure Trump will say more things to try and prop it up.
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