Markets are actually unpredictable, so they don't follow a predetermine pattern, but sometimes they do, and this analysis is done assuming this is the case.
The bullish scenario would put us at around 50K in a little less than 3 months.
The bearish route would mean a slowly drop to pretty low levels, perhaps under 5K, in a much longer time frame, probably over a year.
The bullish scenario would put us at around 50K in a little less than 3 months.
The bearish route would mean a slowly drop to pretty low levels, perhaps under 5K, in a much longer time frame, probably over a year.
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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.