FTSE 5900 is making a short term bounce with an upside target 6100 by Monday 1st February. Next 10% leg down should see the FTSE fall to 5500 by mid March.The final up leg into May may see the FTSE get back to 6300 before the bear market takes the FTSE down to 3800.
For the SP500, a 7.5% up leg from the low 1812 should see it struggle to break above 1950. The next down leg should be at least 7.5% with a target 1800. The market should peak in May around 1980. Looking for the market to fall by 40% to 1200 in Q4.
For the SP500, a 7.5% up leg from the low 1812 should see it struggle to break above 1950. The next down leg should be at least 7.5% with a target 1800. The market should peak in May around 1980. Looking for the market to fall by 40% to 1200 in Q4.
https://www.tradingview.com/x/b9KoQQr3/
ReplyDeleteReckon the B wave could be more aggressive than most imagine Sparky.
But then WTFDIK, DYOR etc.
GL
TDL