Chartistry
Long

SPX | Heading Into Uncharted Territory | S&P500

TVC:SPX   S&P 500
Hello Traders,

Looking at a long term view of the S&P500             , the predictive/forecasting model has produced the following numerical targets:

High Probability = 2335.3
Medium Probability = 2536.0
Low Probability = 2830.1

The lower the probability of attainment, the higher the probability of reversal.

Stay tuned for this multi year chart as I will update it far into the future.

Best,
Chartistry
markrivest
10 days ago
Hi
Do you have a time frame for the price targets?

Mark
+1 Reply
Chartistry PRO markrivest
10 days ago
@markrivest, Hi Mark, the one thing I cannot calculate is time in the markets. The only method I know of that can time the markets is the use of Gann Lines, which I have no experience in.
Reply
markrivest Chartistry
10 days ago
Hi

Thanks very much for the reply.
Its too bad, your pricing method could work perfectly and there is a chance the levels could be months or even years away.

Mark
Reply
Chartistry PRO markrivest
10 days ago
@markrivest, That is very true.

Although, looking at long term fundamentals. Interest rates are set to rise and the new administration will likely pull out of TPP. These two events could happen within the next year affecting the stock market negatively.

If the market is to reach the levels indicated in the chart, it would have to be a rather strong & quick move, relatively speaking. This is purely speculation though as I don't use fundamentals in my analysis.
Reply
johnmad PRO
3 days ago
Thank you for your Charts and if i may here is a possibility , even though the 1-4 Line has been intersected i still feel there is more room for Price going Higher as i have indicated on my Chart .
snapshot
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