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guesstimate for the next year


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#1 gannman

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Posted 28 December 2020 - 03:05 AM

i think this rally continues into early january then we have about a 3 month correction 

 

and then a rally into august 2021 which will be a significant top. how significant i dont 

 

know but it will be important . it is just my guess nothing set in stone here


feeling mellow with the yellow metal


#2 dTraderB

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Posted 29 December 2020 - 06:13 AM

My FF:

Up to SPX 3900 to 4K into Jan/Feb

then drop, followed by slow  & gradual up

then big rally into September, then down for at least 2 months

 

2020 SPX high  4200, low 2900/3k, close 3500



#3 pdx5

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Posted 29 December 2020 - 05:50 PM

My FF: upward bullish bias continues so long as printing press is running at record pace. Covid-19 makes sure the printing press

can not be stopped. Watch out if covid-19 is muted by the vaccines. That is when a significant correction could take place.

Excess money along with interest rates below inflation is the testosterone for the bull.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule