As BTC goes..so goes HUT..maybe We shall see LONG HUT...for now
Nothing has changed with the targets previously mentioned. Its possible we see more weakness (remember i said 3650spx was an ideal pullback zone) but as called out the 3800spx level is holding strong. Next Stop- 4200spx When- April 2021 Disclaimer- markets arent linear structures. Please dont expect a straight path to these targets. Im just giving major targets....
Short and sweet: Look for a top around 4250 over the coming months Then look for a pullback to around 4050 Then look for a runup to 4550 by EOY 2021 Then a pullback to 4300 early 2022 Then a final melt up to between 5k-6k by early 2023 At that point look for the fall of atlantis because i think we are headed for depression level bear market come 2024 after that...
Short and sweet: VIX is on the rise so anticipate market drop to at least 3800SPX with an ideal target around 3650SPX When VIX turns down look for a top around 4250SPX to end 2021 Jan/Feb 2022 look for a pullback to 4000SPX then a run up to 4600/4800SPX by Oct/Nov 2022. 2023 EOY target- 2800SPX..ill discuss why in future posts