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Bull market price targets.

Posted on January 14, 2018 Written by Chart Prophet

Bull market price targets.

Bull Market Projected Price Distribution Targets for two major indices are very close to being reached. These are long-term distributions so if a reversal occurs it could mark the beginning of a significant trend change.

S&P 500 ETF (SPY): Projected price distribution target -> just above 280.

Russell 2000 ETF (IWM): Projected price distribution target -> 158.

A reversal from these price zones could be significant. I’m looking for evidence of a trend reversal. It that does not occur and Price is accepted at these levels then that would be bullish.

SPY price distribution
SPY price distribution

 

 

 

 

 

 

SPY chart through 12th January 2018
SPY chart through 12th January 2018

 

 

 

 

 

IWM price distribution
IWM price distribution

 

 

 

 

 

 

IWM chart through 12th January 2018
IWM chart through 12th January 2018

Filed Under: Market Timing

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