By tomorrow? No. But probably by the end of the week. As I stated above, we will most likely hit the 50% retracement level at 2785.
If you want to know what to expect for tomorrow, then look back to Tuesday march 24.....Huge up day remember ? Then March 25 we pushed up then gave back the days gains. If that was considered wave 1, then now we're in wave 3 and I expect it to behave somewhat similarly. That being said, I expect 2700 to get hit today.
Don't forget Friday is closed, so Thursday is probably going back down a bit. Tuesday/Wednesday might go to 50% retrace...maybe. It can reverse any time...
Looks like we're good for 3000 area. And at that point, I guess new highs wouldn't really be out of the question. Nuts considering what's happened, but it is what it is. Nothing surprises me in this game anymore lol!
Nah, that's a hard one to swallow. Unless we come up with a vaccine within the next 8 weeks, there's no way that can happen. After 8 weeks, the world economy will be in serious trouble.
2788 is the 50% retracement of this entire move. Resistance expected. While 3000 is not out of the question, I dont see it being hit during this current wave / leg