Inverted head and shoulders on the weekly
This market is already up 10,44% for the year and looking at that inverted head and shoulders target of 85000, it does not look achievable for this year.
A 85 000 target will give a total return of 26% if achieved during 2024.
I'm cautiously optimistic. This is a wall of worry bull market.
A decent pullback in 2024 would not be unexpected.
This market is already up 10,44% for the year and looking at that inverted head and shoulders target of 85000, it does not look achievable for this year.
A 85 000 target will give a total return of 26% if achieved during 2024.
I'm cautiously optimistic. This is a wall of worry bull market.
A decent pullback in 2024 would not be unexpected.
Note
Correction - up 7% YTD and not 10%
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.