Dear Readers, TA100 Israel stocks index has hit the projected high of 1015 and is now in decline. The immediate support is at 943 and next one 863. Not sure if we go to 863, but it is more than 50/50 chance. Shekel will eventually reach 3.80 or lower this year. Good Trading
2 comments:
Dear Boris,
Since the dollar has fallen from your chart on 1/25/2007, do think that the bounce in S&P 500 could go to 1500? Also during this correction in gold, where do you project the low for both gold and XAU?
Thanks,
Hillbilly
Hi Hilbilly, Yes, I can definitely imagine SPX at 1500 or even 1600, but no later than June. It is going to do it it has to happen by then. Probability, not too high for 1600 and moderate for 1500. No problem repeating, but we summarized this in the post below. 630 around 5/6 March sounds optimal, but we are very close already. XAU would be just same on the percentage basis.
Good To hear from you Dear Hillbilly.
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