ajtj99's Market Pulse

[ajtj99]

NASARAVI, I think your question was directed at me, so I'll try my best to answer it.

Going into the next 3-weeks I think the downside is likely to be around 864-870 SPX. I think the maximum upside over the next week is 940-950 SPX. I think we will likely test the 1044 SPX highs by early January. I think we will will sell off from there into the end of January to around 900 SPX, bounce up to maybe 960-985 SPX in early Feb, then drop to test the 741 SPX lows in mid-March.

From there I think we will trade in a range into mid-May and then embark on a longer rally, with most of occuring in the first 45-days.