pablo82
Short

SECOND CHANCE

FX:SPX500   S&P 500 Index
176 2 6
We having a pullback after breaking triangle to dowside, Upmove should not go further then point E as it will invalidate setup. I expect another sharp move down to target in area 2068.
Hi Pablo , When do you expect Markets to go to 2068 levels. I have a Naked Put with near price 2060 and expiring on Nov 30th . Any help is appreciated.

Even my Fib charts show a target of 2068 around.
Reply
pablo82 vinodh2u
Theoretically target should be reached no longer than Dec 21st as it suouldn't take longer than time to complete whole pattern.

From experience and taking under consideration current envairoment I think there is high chance that target will be reached before end of Novemeber.
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