I am forecasting an All Time High for the S&P 500 next week. See chart.
Basic rationale:
With VIX as low as it was on Friday and no breakout I think probability of a small pullback Monday, followed by a Tuesday - Thursday high volume move through both resistance areas to an all time high. Friday may have a pin to 2120 at OEX or may drive higher.
Basis for ATH forecast is Hurst cycle bottoming & alignment (blue lines to green and gold lines), RSI divergences and momentum, and liquidity flows (not pictured, see Lee Adler's liquidity analysis published at his site).
Basic rationale:
With VIX as low as it was on Friday and no breakout I think probability of a small pullback Monday, followed by a Tuesday - Thursday high volume move through both resistance areas to an all time high. Friday may have a pin to 2120 at OEX or may drive higher.
Basis for ATH forecast is Hurst cycle bottoming & alignment (blue lines to green and gold lines), RSI divergences and momentum, and liquidity flows (not pictured, see Lee Adler's liquidity analysis published at his site).
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
