Here is a daily chart of the New York Stock Exchange Group. I last commented on this stock here.
I think the bull market in NYX has further to go. I see support for this reaction at 92. The next upside target is 152 which is the 3 1/8 multiple of the June low at 48.62.
1 comment:
Using Fibonacci projection from the lows of 2003, I came up with a target of 14092 for the Dow Jones industrial index. Is this target too high or do you think this is probable given how the bears are still to eager to short.
Thanks
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