Thursday, April 30, 2020

Market update 4/29/20 - SPX target 3800

Previous market update here

Before I update  on the market, here was my call on April 15th - SPX @ 4000 by year end. Very much possible but my 1st target is SPX @ 3,800 by October 10th, then SPX 4000 by year end.  



Current market update

VST changed to buy from sell - 
sell signal was at SPX 2736, buy signal generated at SPX 2875; We were in cash, so no worry.

ST - SPX signal is sell; NDX changed from sell to buy
LT (weekly chart) - Sell (old signal, no change)
VLT - Buy (old signal, no change)



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