It was an up trending week on the cash S&P500 that both confirmed the break of the current TD Supply line (downward sloping dashed red line on the price chart) and fulfilled the minimum target of 970.21.
Bottom line: I have a bullish view for the next couple of months as outlined yesterday. On the weekly chart the next upside target is in the 1015-1030 area.
No comments:
Post a Comment