Hello!
Today I outline where I see the S&P 500 moving through the end of the year. It is almost impossible to trace the market exactly, but in general, I see the following things occurring through the end of 2020:
1.I believe we will fill the gap created when the market dropped in late February.
2.Then we will see the market move down and find support at the moving averages, before beginning a new longer term bearish cycle.
Today I outline where I see the S&P 500 moving through the end of the year. It is almost impossible to trace the market exactly, but in general, I see the following things occurring through the end of 2020:
1.I believe we will fill the gap created when the market dropped in late February.
2.Then we will see the market move down and find support at the moving averages, before beginning a new longer term bearish cycle.
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Money Printing lifted this one up, should have seen that coming!