Here are the levels for bull or bear on the SPX based off a fib extension from the macro lows.
What is interesting is how the price has reacted off the 0.618 and 0.5 levels suggesting that it has further to go because we have broken out
However if you draw another fib extension from the lows it shows a top around 6100-6150 range where we are now.
Good luck - lets hope the bulls win out and crypto takes off too. If you do the same analysis on the Nasdaq fib tops out at 26,400 where fib is equal to 1. that implies Nas to over perform to 20-25% from todays levels hence supports the argument here for higher prices on the SPX
What is interesting is how the price has reacted off the 0.618 and 0.5 levels suggesting that it has further to go because we have broken out
However if you draw another fib extension from the lows it shows a top around 6100-6150 range where we are now.
Good luck - lets hope the bulls win out and crypto takes off too. If you do the same analysis on the Nasdaq fib tops out at 26,400 where fib is equal to 1. that implies Nas to over perform to 20-25% from todays levels hence supports the argument here for higher prices on the SPX
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。