Today is the time to update the S&P500 forecast ,from our last forecast the only thing that didn’t go according to plan was a false exit above 400p but quickly returned to support and without seeing any buys we broke support and reached our first target . For now I am not considering any reversal scenarios after this breakout
On September 21, we expect another increase in the rate, most likely by 0.75%, I think this is already taken into account in the price, but with some sharp and strong news, we may see an acceleration of fall, I would expect a drop below 380p with 371p and 364p targets
On September 21, we expect another increase in the rate, most likely by 0.75%, I think this is already taken into account in the price, but with some sharp and strong news, we may see an acceleration of fall, I would expect a drop below 380p with 371p and 364p targets
Trade closed: target reached
