[ES1!]: S&P500. SCENARIOS.
The price can rally to $4620, I'm not expecting too much strength so it will take some time.
Worldwide conditions are not favorable anywhere. The US is facing inflation, while the dollar is losing its control over some countries, hence, losing power. This weakness can be seen easily in the Dollar Currency Index.
I would not be expecting a higher-high anytime soon.
Worldwide conditions are not favorable anywhere. The US is facing inflation, while the dollar is losing its control over some countries, hence, losing power. This weakness can be seen easily in the Dollar Currency Index.
I would not be expecting a higher-high anytime soon.
Kommentar:
My new target is $4740. What a nice channel I drew though..
Kommentar:
I'm a f*cking beast.