gamer456148

CEX: $670 Price Target

Short
CBOE:CEX   None
For the Chemicals index, I believe within this quarter that it should reach $670 as a price point. The overall correlation have been positive. The market has been full of upswings and the DOW Jones as well as Stock Indexes are all seemingly strong. Also the stock rally of many of those chemical based companies are expected to go up given the demands of synthetic materials. This is especially true in the semi-conductor, herbicides, and petrol engineering related fields. Also, both the rise of pharmaceuticals and alternatives will either way bring positive correlation to most major Chemical players on the stock exchanges whether directly or indirectly related.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.