S&P 500 - needs a little correctional move
Updated
We have seen with the run up to the vacation season a needed correction.
With the US now rolling out vaccines and stimulus bill awaiting the pass - traders and analysts a like are awaiting the next move.
We have two in play for which we can see.
1: the daily zone will be hit before the holiday close or
2: we will bounce off the Monday open and close the end of week to a all time high again [small santa rally].
Let's await.
We still have our projection targets for 2021, so refer back to get updated.
Tagged long - due to overall direction, daily, weekly.
All the best where ever you are.
Team Lupa
With the US now rolling out vaccines and stimulus bill awaiting the pass - traders and analysts a like are awaiting the next move.
We have two in play for which we can see.
1: the daily zone will be hit before the holiday close or
2: we will bounce off the Monday open and close the end of week to a all time high again [small santa rally].
Let's await.
We still have our projection targets for 2021, so refer back to get updated.
Tagged long - due to overall direction, daily, weekly.
All the best where ever you are.
Team Lupa
Trade active
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