Showing posts with label forecast. Show all posts
Showing posts with label forecast. Show all posts

Tuesday, May 17, 2022

Target of this round of rebound?

Previous round of rebound reached 4637 which was close to 61.8% retrace of previous leg down which was 4550.  

If we are just starting another rebound like last time, we are targeting 4338 or 4246 levels as potential peak in 2-3 weeks duration.

FactCheck on 20220616, f1[#SP500 hit short term peak of 4176 on 6/2, time-wise hit, level-wise over-predicted]hit

Thursday, March 1, 2018

Target of this round of correction

Is it 2472, which is 1/7 or 14.28% correction from recent high of 2872.87?


Update on 20180630: it turns out the correction low was 2532 and 2553, both were on 200 day MA lines, and the correction lasted for 3 months.

Monday, August 21, 2017

Time to Short TGT?

is now time to short TGT? Not many customers in store, the parking lot is also empty.  With AMZN and WMT, do people need TGT?

Disclaimer: I do not own any position of stocks mentioned above and nor do I plan to own any in next 72 hours.