Alright. Going over the SPX.
DOW and Sp500 sold off on news of the additional 267B in new Tariffs on Chinese Goods.
Goods include Recording devices, luggage, handbags, tyres, Vaccum Cleaners. Subject. 10-15%
And a large Technology list.
With those fundamentals in place.
The chart describes a nice pull back. At the 50% fib would be a 2% pull back. 2860.00 would be my ideal price for a continuation.
Price can break minor trend. And retrace to major trend. Bullish sentiment is very strong. I would favor the minor trend until otherwise. Trend break 2820 would be new price. .786FIB
GoldMan Sachs and BridgeWater associates forecast potentil price of 3200 by the close of the year.
Stocks look strong. Across the board. Unemployment is lowest its ever been.
And business is strong for the US.
DOW and Sp500 sold off on news of the additional 267B in new Tariffs on Chinese Goods.
Goods include Recording devices, luggage, handbags, tyres, Vaccum Cleaners. Subject. 10-15%
And a large Technology list.
With those fundamentals in place.
The chart describes a nice pull back. At the 50% fib would be a 2% pull back. 2860.00 would be my ideal price for a continuation.
Price can break minor trend. And retrace to major trend. Bullish sentiment is very strong. I would favor the minor trend until otherwise. Trend break 2820 would be new price. .786FIB
GoldMan Sachs and BridgeWater associates forecast potentil price of 3200 by the close of the year.
Stocks look strong. Across the board. Unemployment is lowest its ever been.
And business is strong for the US.