SPY Fibonacci & TA. Bullish Target Above $410.

12 ม.ค. 2023

For everyone interested:

Expect volatility to be king over the next few weeks (earnings and economic data).

SPY reaching a major APEX in price trend. It is very likely to resolve to the upside, but that means we have to be prepared for "false breakouts".

Fibonacci price trends suggest current trend is BULLISH (closing GAPS). The upper GAP may be the next target on a strong rally phase.

Don't play around with this trend. If you are SHORT - PROTECT YOUR CAPITAL.

Economic data continues to suggest the US markets will resolve to the upside if inflation trends continue to weaken.

Follow my research & videos.

I've been trying to warn you about the start of a Wave-5 rally for more than 5+ months.