Mid-term Pattern & Target Price of $QQQ, $SPY, $DIA, $DIS& $TLT

HarmonicPatterns
2023-11-10

Hello everyone! Today i want to share some techncial analysis with you!

Cypher pattern still on track $iShares 20+ Year Treasury Bond ETF(TLT)$ . First target 99.83

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Cypher pattern still on track $SPDR DJIA ETF(DIA)$ . Projected price target 346

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Shark pattern still on track $Invesco QQQ Trust-ETF(QQQ)$ . Target 391

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Called it! KABOOM 90 target hit precisely on $Walt Disney(DIS)$ . SUPERB!

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Chair Powell not confident Federal Reserve has achieved sufficiently restrictive rate to bring down inflation. Presumably being cautious about the  necessary step to lower inflation.

The market was not pleased with the  remark.  Obviously, rates hold the key to the direction of the market.  

That being said, I'm expecting another leg down on  $SPDR S&P 500 ETF Trust(SPY)$ at the 430 level. If fail to hold, 422 is your next stop or potential reversal zone.

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Comments

  • Vin96nz
    2023-11-12
    Vin96nz

    Great ariticle, would you like to share it?

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