I was try to comments to an idea but failed, (www.tradingview.com/...-its-All-Time-Highs/)
So i post my comments here as an idea.
That's idea refers to long term (monthly chart), basically i agree that long run SPX500 may breakthrough last year high in future.
But i see short term technical divergence at candles under 1D time frame, so i expect there will be relatively big retracement before it breakthrough All Time High
it may comes after price temporary surge over 2920 or after 1~2 days sideway movement.
The 1st target is 2870 and next target will be below than 2800
So i post my comments here as an idea.
That's idea refers to long term (monthly chart), basically i agree that long run SPX500 may breakthrough last year high in future.
But i see short term technical divergence at candles under 1D time frame, so i expect there will be relatively big retracement before it breakthrough All Time High
it may comes after price temporary surge over 2920 or after 1~2 days sideway movement.
The 1st target is 2870 and next target will be below than 2800