


thomassassi
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since Mar 23, 2020
beyondta
cape
fundamental
indicator
movingaverage
shillerpe
spx
spx500
spy
trendanalysis
value
vusa
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WTI looks very oversold here and there are too many catalysts not to buy right now. Positive catalysts would happen on 'good news' related to tariffs/trade war, but catalysts could also be negative developments concerning (trade)war globally and opec.
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Looking at recent pullbacks and Shiller Cape. My most probable outcome for this S&P Correction is 5400. Finding the first big support under the 200 DMA. Shiller Cape around 35 at that level.
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Food for thought looking at the accompanying sell-off in US equities.
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