Friday, December 9, 2022

New expiration: Target 35,500

 
On 12/1, I think the index will continue higher. Target 35,500 and if wrong, 32,800. New expiration: 12/15/2022. On 11/10, the index hit my target 35,000 and if wrong, 32000. We just passed through a measured move up, so I'm looking for the second leg to see price rise. New expiration: 12/01/2022. On 10/27, the index hit my target so I'm raising it. The index is on a tear higher, suggesting it's going to retrace soon, maybe as soon as tomorrow (Friday). It's at overhead resistance now and today's candle is bearish. New target 33,300 and if wrong, 30,500. New expiration: 11/15/2022. On 10/24, the index hit my target so I'm raising it to 32,300 and if wrong, to 30,300. On 10/17, target 31200 and if wrong, 28500. New expiration: 11/01/2022. On 9/30, I dropped the target to 30800 and if wrong, to 27,500. On 9/21, the index dropped after the FED meeting so I'm lowering my target to 32,000 and if wrong, to 29,200. New expiration: 10/15/2022.

No comments:

Post a Comment

Imagination is more important than knowledge. Knowledge is limited.