SPX has clear breakout of trendline and on the way to 1600 level in next 18-24 months. Then if it bounce back from that level then it could potentially go 2400....
So short in near term and long near 1600.
AAPL broke shoulder of Head and shoulder pattern earlier in January.. By june expected to fall around 82 which is target for head and shoulder and trend line support as well..
Possibly it the dark purple box (small range) would decide the direction.
If Price action suggestion would be up then 0.84825 and possible 0.87761
And if sell then 0.71214 then possibly 0.66411
But would wait for price action to confirm the direction.
Forming Pin Bar at the support level ASX 200 is moving towards 5600-5620 for the short term and possibly 5685-5700 with the stop loss based on closing prices below 5575.
Since the breakout of 1500 Level, index has gone one directional, so we can expect some correction in the near term.
But as per the projection, in next few years it is heading for 2250-2230 level.
