tn360

SPY Targets - My renko based SPY prediction for next 2.5 years

Short
tn360 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Last 2 big bear markets corrected 50 % and lasted 2 to 2.5 years .

Based on the past history , this bear market correction may last 2 to 2.5 years and may correct 50 % to 150 area.

Short term targets are -

Target 1 - 210

Target 2 - 186

Target 3 - 150 (May take 2 to 2.5 years )

Of course SPY will have many SMALL relief bounces, along the way .
Comment:
Comment:
With Fib levels
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.