meszaros

SPX500USD next target price is 3510usd.

Long
OANDA:SPX500USD   S&P 500 Index
SPX500USD next target price is 3510usd. My analysis fits the chart movement exactly, so I do not change the technical analysis rules. The figure shows that the rise may continue. The exchange rate copies 1: 1 fractal. The size and shape of the correction fractal created at start-up was punctuated with that of the first fractal. Also, the ATR closures in the vicinity are the same (I did not mention this separately). Therefore, I assume that the amplitude of the next rise will be similar in size. If my idea is correct, the next target price could be at 3510usd.

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