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Mihai_Iacob

SP500- A new drop to 3k zone is my idea

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S&P 500 (TVC:SPX)  
Mihai_Iacob  
TVC:SPX   S&P 500
Trend Analysis Chart Patterns Technical Indicators sp500index sp500short sp500future sp500analysis sp500signals
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trendanalysis chartpattern indicator sp500index sp500short sp500future sp500analysis sp500signals
After reaching an all time high at 3600, SP corrected to 3200 zone and now is in a correction of this first leg down.
I expect rallies to be caped at 3.5k zone and a new leg down can start from there.
My target for SP in the medium term is 3k zone but with upcoming elections I would be very careful with shorting US Indice
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