darth.stocks

SP1!: irrational Melt Up

Long
CME:SP1!   None
4
Followers maybe have realised that that I am since quite a time bullish on S&P 500. Within the last few quarters we have seen a consolidation of Commercials Positioning within a narrow "correction" movement. From Quarter to Quarter we saw a 200 Point movement and from we should see a similar movement again. Target is 2500-2550 in beginning of 3Q17. Maybe even going to 2650-2700 at the end...
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