SPY Targets - My renko based SPY prediction for next 2.5 years
Last 2 big bear markets corrected 50 % and lasted 2 to 2.5 years .
Based on the past history , this bear market correction may last 2 to 2.5 years and may correct 50 % to 150 area.
Short term targets are -
Target 1 - 210
Target 2 - 186
Target 3 - 150 (May take 2 to 2.5 years )
Of course SPY will have many SMALL relief bounces, along the way .
Based on the past history , this bear market correction may last 2 to 2.5 years and may correct 50 % to 150 area.
Short term targets are -
Target 1 - 210
Target 2 - 186
Target 3 - 150 (May take 2 to 2.5 years )
Of course SPY will have many SMALL relief bounces, along the way .
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With Fib levels