Ive switched my position from bearish to bullish considering the FED delayed interest rate hikes until possibly next year. Possible target for this S&P index is mid $300's.
Forming an inverse Head and shoulders with a strong right shoulder compared to the left which is very bullish.
Intermediate - bullish (1 year)
Macro - bearish (3 -10 years)
Forming an inverse Head and shoulders with a strong right shoulder compared to the left which is very bullish.
Intermediate - bullish (1 year)
Macro - bearish (3 -10 years)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.