S&P 500 Target Revealed

Published 04/03/2018, 12:08 AM
Updated 07/09/2023, 06:31 AM

The S&P 500 continues to collapse after Trump ripped Amazon.com (NASDAQ:AMZN) again in a tweet. A President who tweeted pumps every time the stock market hit a new all-time high is now causing an epic collapse in technology stocks and the market. Ultimately, as a trader the volatility is fantastic. Members are making more money than every before and will continue to do so through 2018 based on multiple risk factors that will remain through the mid-terms in November. The next leg lower in the S&P has started and will continue to a near-term target of $248-$247 on the SPDR S&P 500 (NYSE:SPY) (tracking ETF for the S&P). This is where I will start to buy heavily.

SPY Daily Chart

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