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S&P 500 trend forecast from imr-forecast.com


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  • 2 weeks later...
Posted

The forecast from Imr looks pretty impressive.

 

Usually i use Saxo technical analysis tool, it's very handy!! here is what i found on S&P

 

Summary:

9 bullish

2 bearish

 

support: 1263.85

resistance: 1331.09

 

 

SHORT TERM: 2-6 weeks

2 bullish

1 bearish

support: 1263.85

resistance: 1292.66

 

INTERMEDIATE: 6-9 months

4 bullish

1 bearish

support: 1263.85

resistance: 1331.09

  • 4 weeks later...
Posted
that saxo technical analysis free tool is quite good.

 

but i feel us equities are overvalued currently...

 

us equities are at 14x P/E and w/ the avrage compainy sitting on cash equal to 27% of Mkt Cap maby not overvalued. well maby BOA is.

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