coolingla

S&P500 Wants to Go Down Before Going up

FX:SPX500   S&P 500 index of US listed shares
93 0 4
The most likely path is to go down to a little bit before a huge rally.

2065 area is the most likely target but it could go down further to 2030.

But I feel 2020 should be very safe. If it ever gets there, it's a strong buy.
Comment: Looks like I nailed it.

Longs should feel pretty good here. Likely some small retraces in the next few days but the trend is definitely up at this point.

2200 will almost certainly be taken out by year end.