I would say the S&P 500 is a bit over bought for the 3rd time according to price and time. I can't see the current price hold at this level for much longer.
totally agree, I do see a first (!) target at around 210- 200. Maybe deeper.
We will see.
All the best, Sascha
nvlightning
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@Lilalisa, That would certainly put the SPY at a median price like it was in 2015 and then SPY would need to slowly climb on the median red line for the next 10 yrs.
totally agree, I do see a first (!) target at around 210- 200. Maybe deeper.
We will see.
All the best, Sascha