This long term SP500 forecast (below) was shared with subscribers on Sep 20, 2021. The index is moving down as prescribed and the only question is about the actual path.
In this weekly analysis, I will evaluate the candles that SP500 formed on multiple frames, compare them to the candle formations in other major US indices and some global indices like DAX, CAC, ASX and FTSE, overview the health of Large Caps such as MSFT, AMZN, AAPL, FB, XOM, NVDA, GOOGL and TSLA. We will discuss technical events on different frames and analyze the long- and short-term perspectives for SP500 using Elliott Waves.
This analysis is part of the @InvestingAngles Weekly Series for US and global indices, Crypto, Commodities, Currencies, and some Large Cap stocks.
Before we look at SP500 and other charts, for those who is still thinking about joining the @InvestingAngles community or continue reading the occasional free content, I would like to share some recent long term calls and results.
The big bear call on gold in March. Note the precision in the level and timing and compare with the other analysts and services that you follow.
Bitcoin call in November 2021:
The list goes on…
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