Are we approaching a market top early next week? Well, the maestro, believes so:
A “refueling” sharp correction is expected during the next few days before the index resumes a Xmas rally to new all time highs. SPX correction ahead then Xmas rally – #SPX chart https://t.co/BpjMUlyvv4 — sp500daytrader.com (@CosTes_trading) November 17, 2019
In my last blog I was expecting a turnaround for the German index DAX and lower prices starting from last week, instead we have seen the index rally towards a previously projected minimum target @ 13460 That target is now expected to print as a minimum, we could infact soon see a challenge to previous Read more about Markets expected to print fresh new ATH[…]
In my 13th October blog I anticipated a strong rally for the DAX index to influence also US markets. Projected target price fro the DAX rally was @ 13460 but I notice now a strong resistance @ 13000 level. I’m expecting the anticipated collapse, strong correction, to start now from early November. This correction should Read more about Strong correction for DAX & SP500 expected from next week[…]
In my last blog, I posted a target for the German DAX with target @ 12310… That printed right away! The rally is now expected to continue with a target to minimum 13460, probably higher. Target shoulrd print by October 20th the we should see a strong correction. #SPX and world indexes should follow this Read more about DAX to rally strong, min. target @13460 – subsequently a strong correction![…]
Oil To Hit $100?