“The S&P 500 has reversed very sharply after testing its significant resistance zone. On February 15th, I shared a blog post in which I anticipated a major reversal around February 18th to 21st, from the zone of 6144 to 6219. The index reached a high of 6147 on February 19th, and hopefully, that’s the high I’ve been looking for since late January. Going forward, the zone of 5770 to 5820 will be a temporary support; once that breaks, a sharp drop towards 5450 would occur. For the near term, regarding timing, today, February 28th, and March 11th will be critical cycle dates.”
S&P 500: Prediction Confirmed, Targets Revised.
Published
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