{"id":10921,"date":"2021-01-12T18:13:57","date_gmt":"2021-01-12T18:13:57","guid":{"rendered":"https:\/\/tradingshot.com\/?p=10921"},"modified":"2023-05-02T18:16:08","modified_gmt":"2023-05-02T18:16:08","slug":"sp-aiming-for-4070-4200-by-march","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2021\/01\/12\/sp-aiming-for-4070-4200-by-march\/","title":{"rendered":"S&P aiming for 4070 – 4200 by March"},"content":{"rendered":"

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Purely RSI and Fibonacci extension based analysis. As you see since the March bottom every Higher High is on a higher Fib extension (0.382, 0.618). Similarly, the Higher Lows have so far followed a 0.382, 0.5, 0.618 Fibonacci retracement sequence.<\/p>\n

The RSI is currently trading sideways since mid November. In the previous two Fib cycles, this RSI consolidation came before the new Higher High. Assuming this sequence is extended, then S&P should soon make its new Higher High within the -0.786 – 1.000 Fibonacci zone, which is within 4070 – 4200.<\/p>\n

Most recent S&P signal:<\/p>\n

\"S&P500<\/a><\/div>\n

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\ud83c\udf89 \ud83d\udc4d Shout-out to TradingShot’s \ud83d\udcb0\u00a0top TradingView Coin donor<\/strong>\u00a0\ud83d\udcb0 this week ==>\u00a0ProjectSyndicate<\/a><\/p>\n

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Tradingview\u00a0 link:<\/p>\n

https:\/\/www.tradingview.com\/chart\/SPX\/sR8VrKo2-S-P-aiming-for-4070-4200-by-March<\/a>\/<\/p>\n","protected":false},"excerpt":{"rendered":"

  Purely RSI and Fibonacci extension based analysis. As you see since the March bottom every Higher High is on a higher Fib extension (0.382, 0.618). Similarly, the Higher Lows have so far followed a 0.382, 0.5, 0.618 Fibonacci retracement sequence. The RSI is currently trading sideways since mid November. In the previous two Fib<\/p>\n","protected":false},"author":611,"featured_media":10922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=10921"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10921\/revisions"}],"predecessor-version":[{"id":10925,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10921\/revisions\/10925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/10922"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=10921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=10921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=10921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}