S&P 500 technical analysis for Friday 22nd Jan 2021.
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Stock Market News 2020
This is a stock market forecast for 2020 today using technical analysis of the US stock market, in particular snp 500, for 2020. I analyse the broad market and give potential scenarios for the future of the stock market. I discuss whether a US further stock market crash in 2021 is likely. Will it be a correction or a full stock market crash? I use long term charts and the market cycle theory template to illustrate potential outcomes. I also use Fibonacci retracements to indicate targets for the next economic recession.
I do stock market analysis including fundamental analysis of markets like the Spx, sp 500, nasdaq and others. I use Elliott wave theory to determine possible paths the prices can take. I discuss stock market news and the possibility of a stock market crash. This helps us make a stock market prediction and determine whether we are in a stock market bubble.
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