Shining bright like a diamond? ♦️♦️♦️

٢٨ يناير ٢٠٢١

Yesterday’s GameStop phenomenon shook the markets, and the S&P500 took a hard hit, falling under the mark of 3750 points. However, we believe that this shock is short-lived, which means that we expect the S&P to rise again. Before we reach the critical resistance zone, which has been tested several times by the index over last couple of weeks, there is a 38% chance of a larger collapse all the way down below 3608 points. If the S&P500 can breach the resistance at 3868.9 points without collapsing, then we will experience a strong growth going forward.

Stay tuned for more daily updates!