So we start with the Fib Retracements, there has been a Sup/Res level between the two levels 38.2 and 50, and which also is shown by the span B on the Ichimoku. For the price to continue up, the level 1700 needs to be broken upward. Then we can say let the bulls rally. This way the next two targets will 1710 and 1730
The FED will address the issue of interest rate % very shortly. With such a strong Dollar market the question most of us are asking concerning the S&P500 is whether or not we may finally reach up and break through the all time historical high of around 2130?
Personally we feel that is highly unlikely, and instead we will see our lower level fib lines reached and...
