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Re: BOS post# 33723

Wednesday, 09/11/2019 7:26:43 AM

Wednesday, September 11, 2019 7:26:43 AM

Post# of 37918
BOS assuming question is re SPX, not SPY, is 3300 a possibility by Nov? If one takes a double top at 2950 with interim low of 2350 (Dec2018), you might get 3300-3450 but unlikely by Nov. My scenario has a top of 3060-3160 soon, followed by low late Oct of perhaps 2700. Afterwards, a rally into 1Q2020, which MAY get you the 3400 area then, or near election time.

But by Nov2019, very unlikely in my opinion. Less likely than 3400 in 2020, which would take a lot of smoke and mirrors. I think 2000 comes before 3400.

Thanks for the question and the vote of confidence.

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