cooney_s

SP500 hits 2881 by February 19th, 2019

Long
cooney_s Updated   
FX:SPX500   S&P 500 Index
Thanks to the bullish breakout offered by the FOMC non-rate hike and forward guidance, we have a new pattern to map and navigate. Several bullish targets are marked along the way to 2880, note the vertical time markers.
Comment:
www.tradingview.com/chart/1L6x72NI/

Price is lagging the frequency line. Tons of value potential to the upside. New time line markers added for price targets by the end of the month for February and first week of March.
Comment:
rather stagnant price action over the last month, new FOMC statement could take the lid off reistance. Higher prices expected. New breakout projection offered.


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