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Pillsbury1111
Dec 26, 2020 10:45 PM

What i think the indexes will look like in the coming years. Short

SPDR S&P 500 ETF TRUSTArca

Description

Only a matter of time before reality hits the market in the face.
Comments
tfinavia
Thanks for your insight and a wonderful roadmap post. I'm also setting up trades for the Wilshire to touch the target at 200 dma near 33k in January. This is also in line with PC (Put to call ratio) stoch double bottom. After that Oil services stocks should be the best option to go long for about six months.
kishnara
@Pillsbury1111, what is your S&P 500 target?
Pillsbury1111
@kishnara, three year target of 170
kishnara
@Pillsbury1111, Makes sense. WIll Fed let it happen is the trillion dollar question?
Pillsbury1111
@kishnara, I think they'll personally be unable to even do anything about it in the coming years. We put a bandaid on our economy by printing a bunch of money that's going into the bond, stock market and real estate market and our only solution currently is printing even more money. How no one has a shred of pessimism towards the future of the markets is beyond me, its like the roaring 20's again.
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