The adjustment:
- Given the rally in Europe that shall mark a new significant top before year end, it is likely that the flatness in sp500 will last a bit longer until 2016.
Fact:
- The 2009 Rally Cone is still intact.
My views/conclusions:
- The top bold grey line shall retain the market.
- By induction, the cone shall be broken soon.
- 1900 will probably retain for a while (that still provides a 10% correction)
- 2200 should retain end of this summer.
- The amplitude of the moves could narrow down until Feb16 (the market being supported until then).
- Given the rally in Europe that shall mark a new significant top before year end, it is likely that the flatness in sp500 will last a bit longer until 2016.
Fact:
- The 2009 Rally Cone is still intact.
My views/conclusions:
- The top bold grey line shall retain the market.
- By induction, the cone shall be broken soon.
- 1900 will probably retain for a while (that still provides a 10% correction)
- 2200 should retain end of this summer.
- The amplitude of the moves could narrow down until Feb16 (the market being supported until then).
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.