๐ The earth is turning against us, and it's time for us to board the spaceships leaving for Kepler-186f. Just kidding, it's not that bad!
However, we still have to expect another -15% in the S&P500 for the upcoming weeks. Our target area for the correction lies between 2900 and 2650. From there, we expect major support by the bulls and a turnaround towards higher quotations. The next hurdle the bears face on their way down is the last low at around 3200 points. This support has to be broken for a final confirmation of the correction.
What's your expectation for the upcoming weeks?
Stay save and happy trading!
However, we still have to expect another -15% in the S&P500 for the upcoming weeks. Our target area for the correction lies between 2900 and 2650. From there, we expect major support by the bulls and a turnaround towards higher quotations. The next hurdle the bears face on their way down is the last low at around 3200 points. This support has to be broken for a final confirmation of the correction.
What's your expectation for the upcoming weeks?
Stay save and happy trading!
