We are now in a position where we can significantly narrow down our long entry zone on the S&P 500 and this zone will provide a strong risk reward position for anyone who sees more upside in this index.
The current entry zone is between 4240 and 4340 and we expect the timing to be between the 9th of September and the 28th September – with the highest probability residing on the faint dotted green line.
Continued upwards movements will totally nullify this forecast.
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