Only time will tell, but I'm expecting 0,3 /0,5 / 0,6 Fib retracements with shallow FIB 0,3 Counter rallys.
Scenario could be that SP500 will hit FIB 0,3 in Q1-2019 (Target 1) then turn around with a shallow (Fib 0,3) summer counter rally to A and ... on and on until we hit target 3 at Fib 0,6 in 2020-21.
This is of course a highly sterilized scenario and will be updated as we move on.
Scenario could be that SP500 will hit FIB 0,3 in Q1-2019 (Target 1) then turn around with a shallow (Fib 0,3) summer counter rally to A and ... on and on until we hit target 3 at Fib 0,6 in 2020-21.
This is of course a highly sterilized scenario and will be updated as we move on.
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Related publications
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.