The adjustment:
- Given the rally in Europe that shall mark a new significant top before year end, it is likely that the flatness in sp500 will last a bit longer until 2016.
Fact:
- The 2009 Rally Cone is still intact.
My views/conclusions:
- The top bold grey line shall retain the market.
- By induction, the cone shall be broken soon.
- 1900 will probably retain for a while (that still provides a 10% correction)
- 2200 should retain end of this summer.
- The amplitude of the moves could narrow down until Feb16 (the market being supported until then).
- Given the rally in Europe that shall mark a new significant top before year end, it is likely that the flatness in sp500 will last a bit longer until 2016.
Fact:
- The 2009 Rally Cone is still intact.
My views/conclusions:
- The top bold grey line shall retain the market.
- By induction, the cone shall be broken soon.
- 1900 will probably retain for a while (that still provides a 10% correction)
- 2200 should retain end of this summer.
- The amplitude of the moves could narrow down until Feb16 (the market being supported until then).
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.