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Chartist4312
Jan 1, 2016 11:55 PM

SP500 outlook Long

S&P 500 index of US listed sharesFXCM

Description

This is a strong upward trend that seems to have no reason to break at current moment. Market (except oil) has just started recovering after it almost slept out of the upwards trend. Expect volatility in 2016 but I am pretty sure the trend will move further up in the coming months. Lower limit about 1950, expect YOY up to 2200.
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