SOXL Price prediction for 1/21/22
We should get a bounce at the first fib 47+-
Second fib is 38+-
A 1 percent rise in bond yields is approximately 10% drop in the SPY or NDX
If you think we'll see 4 rate hikes this year that would be 2% rise in yields, or 20% drop in SPX
Second fib is 38+-
A 1 percent rise in bond yields is approximately 10% drop in the SPY or NDX
If you think we'll see 4 rate hikes this year that would be 2% rise in yields, or 20% drop in SPX