S&P 500 immediate term target.
Maintaining a bullish stance on the S&P500 as it makes an all-time high.
As anticipated, stimulus hopes are whats driving the markets in the last few trading sessions.
Target for the immediate term (next 6 trading days) is 375.
Macd is bearish crossover seems like a false sell signal and the RSI is looking for a run up to the red line.
Bullish till after the stimulus is announced and then going into Jan I would assume some uncertainty going into the run-off elections.
Expecting to see a strong close to the week tomorrow.
Thank you for reading.
**Just an opinion
As anticipated, stimulus hopes are whats driving the markets in the last few trading sessions.
Target for the immediate term (next 6 trading days) is 375.
Macd is bearish crossover seems like a false sell signal and the RSI is looking for a run up to the red line.
Bullish till after the stimulus is announced and then going into Jan I would assume some uncertainty going into the run-off elections.
Expecting to see a strong close to the week tomorrow.
Thank you for reading.
**Just an opinion
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。