With uncertainty in USD despite the possible next Fed rate hike soon, I'm betting on the idea that S&P500 (though it's most likely to consolidate and drop in the short-run), in the long run, it's highly likely that it can reach 2500 (psychological) level before reversing (or continue going up, depending on future sentiment and economic situation).
seekingalpha.com/art...-rally-will-continue
www.dailyfx.com/fore...h-Warning-Signs.html
D:
W:
Confidence: B (uncertainty in USD and possible sudden recovery considering the upcoming rate hike can cause SP500 to drop. Barring any other sudden negative political and/or economic news, it's highly probable S&P can reach 2500 level within this year)
seekingalpha.com/art...-rally-will-continue
www.dailyfx.com/fore...h-Warning-Signs.html
D:
W:
Confidence: B (uncertainty in USD and possible sudden recovery considering the upcoming rate hike can cause SP500 to drop. Barring any other sudden negative political and/or economic news, it's highly probable S&P can reach 2500 level within this year)