Thank you very much again for your hard work! I have couple questions and I would be very happy if you could answer.
1- Do you think we should fill the gap above around 3328 before we go any further down as you mentioned that target as 2700s? or is it very possible that we dont fill any gap and go down to 2700s directly?
2- I asked this before but just would like to understand better. If SP500 goes all the way down to 2700s until elections, CGC being above 50 is almost impossible in 12-18 months since it is very well correlated with SP500 especially when SP500 is in downtrend? So your 2700 target is before the summer maybe? So after that maybe SP500 will be going up again such that CGC can see above 50s after. What do you think?
Bitwet
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Lyft I think we mAy see 37. Any thoughts and suggestions.. I'm just taking a guess with this number
1- Do you think we should fill the gap above around 3328 before we go any further down as you mentioned that target as 2700s? or is it very possible that we dont fill any gap and go down to 2700s directly?
2- I asked this before but just would like to understand better. If SP500 goes all the way down to 2700s until elections, CGC being above 50 is almost impossible in 12-18 months since it is very well correlated with SP500 especially when SP500 is in downtrend? So your 2700 target is before the summer maybe? So after that maybe SP500 will be going up again such that CGC can see above 50s after. What do you think?