In the view of the analysts at Bank of America (BofA), the S&P 500 index could jump 30% from current levels to 3,700-4,300 target range, as the long-term technical set up remains constructive despite this month’s correction, per Business Insider. Key quotes “Investors should continue to hold on for upside in the S&P 500 heading into the November election.” “A completed “cup and handle” pattern suggests the S&P 500 could rise to 3,700, representing potential upside of 12% from Friday’s close. A longer-term target of 4,300 from the technical-analysis pattern, representing 30% upside.” “SPX 4300 is an aspirational upside count, but one that is achievable based on the bullish breakout, positive backdrop signals and our secular bull market roadmap.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD: Why the dead cat bounce may make way for a fresh fall Yohay Elam 2 years In the view of the analysts at Bank of America (BofA), the S&P 500 index could jump 30% from current levels to 3,700-4,300 target range, as the long-term technical set up remains constructive despite this month’s correction, per Business Insider. Key quotes “Investors should continue to hold on for upside in the S&P 500 heading into the November election.” “A completed "cup and handle" pattern suggests the S&P 500 could rise to 3,700, representing potential upside of 12% from Friday's close. A longer-term target of 4,300 from the technical-analysis pattern, representing 30% upside.” "SPX 4300 is an aspirational upside count, but… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
