Market Breadth Data******************************

Sunday, February 21, 2016

$SPY Price Targets 2016

BI recently published the SP500 2016 price target forecasts of 18 Wall Street strategists. As we've done in the past, we'll compare them to our technical targets obtained from using OddsTrader's channels. Here's the list:


It's worth noting that only UBS dared to publish a downside projection. The targets highlighted in yellow fall within OddsTrader's range. The channel targets come from two separate channels with different duration (a composite model is shown below):





Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.