So how will "The bear" play out ? [SPX]
Only time will tell, but I'm expecting 0,3 /0,5 / 0,6 Fib retracements with shallow FIB 0,3 Counter rallys.
Scenario could be that SP500 will hit FIB 0,3 in Q1-2019 (Target 1) then turn around with a shallow (Fib 0,3) summer counter rally to A and ... on and on until we hit target 3 at Fib 0,6 in 2020-21.
This is of course a highly sterilized scenario and will be updated as we move on.
Scenario could be that SP500 will hit FIB 0,3 in Q1-2019 (Target 1) then turn around with a shallow (Fib 0,3) summer counter rally to A and ... on and on until we hit target 3 at Fib 0,6 in 2020-21.
This is of course a highly sterilized scenario and will be updated as we move on.
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