S&P 500 - breaking two trends lines in this year...
I think, we can see in this year: S&P 500 index breaking two trends lines ...
But is only my opinion, because short position in the bull market have big risk.
I see two targets:
1) 1560 -1570 points,
2) 1480 -1490 points.
Stop-loss: 1744 (new high +)
profit/risk may be 4,8 (13/2,7).
Markets are unpredictable, anything is possible. It is necessary to control the risks.
But is only my opinion, because short position in the bull market have big risk.
I see two targets:
1) 1560 -1570 points,
2) 1480 -1490 points.
Stop-loss: 1744 (new high +)
profit/risk may be 4,8 (13/2,7).
Markets are unpredictable, anything is possible. It is necessary to control the risks.
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