miguelsique

S&P not going down just yet.

OANDA:SPX500USD   S&P 500 Index
We can not expect the market to always go up. This is very unhealthy for the market. Pullbacks are designed to help price reach higher targets. I strongly believe we are in consolidation mode. my target is still 4220-4250 before we can see a correction. As I said about my SPY analysis, mid april we see a drop but April is usually a bullish month for the market.
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