S&P500 : Breakout 2,680 to Begin Uptrend to 3,000
S&P500 could end Downtrend that has begun since Oct'18 by Breakout Down Trendline at 2,680. After Breakout, S&P500 might begin Uptrend to reach 3,000.
In short term, S&P500 may fall as Tech. Correction 2,600. Should S&P500 stay above 2,600, i'm pretty sure there is a high probability S&P500 would rise and Breakout 2,680 and start Uptrend to 3,000.
The timeframe should be within the next 2 weeks.
I expect FOMC Meeting that will be held on 29 - 30 Jan'19 would be the catalyst.
In short term, S&P500 may fall as Tech. Correction 2,600. Should S&P500 stay above 2,600, i'm pretty sure there is a high probability S&P500 would rise and Breakout 2,680 and start Uptrend to 3,000.
The timeframe should be within the next 2 weeks.
I expect FOMC Meeting that will be held on 29 - 30 Jan'19 would be the catalyst.
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