S&P500 headed for 1103 by next Friday

S&P500 headed for 1103 by next Friday

I decided to chart the S&P500 index instead of SPY. The close above 1071 is bullish. Overall we're forming a rounded bottom that I expect to swing up to at least 1103 by the end of next week, if not higher than that. We might get one more doji/consolidation fight from the bears on Tuesday but by Wednesday I expect to hit 1090. By opex we should be over or at 1100.

LOADING
(optional)
(optional)
Copyright 2009. All Rights Reserved.   Site Map
Disclaimer: All content on spychart.net is intended for recreational purposes only. Consult a licensed financial planner before making any decisions with financial ramifications. The author is not liable for any financial, mental, physical, or spiritual loss or damage incurred by the reader.