The Qs break April highs and get to 371 Mid September
Just a simple chart show a potential trend test around June 3rd of recent highs
Around Sept. 21st is my trend target for the next fib level, which would be 371.
I'm not a time traveler so I don't have an obvious clue as to exactly what is going to happen. This is just me using some tools to predict. This trend would also indicate that inflation is in fact, according to the fed, transitory in nature and rates will not be rising. This would also mean that any jobs/homes/spending data that will be coming out will be in-line with expectations.
Around Sept. 21st is my trend target for the next fib level, which would be 371.
I'm not a time traveler so I don't have an obvious clue as to exactly what is going to happen. This is just me using some tools to predict. This trend would also indicate that inflation is in fact, according to the fed, transitory in nature and rates will not be rising. This would also mean that any jobs/homes/spending data that will be coming out will be in-line with expectations.
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.