Trend Check with Tushar Chande

Market Reaches My 2663 Target

The $SPX high today (11/30) was 2657.74, a whisker away from my year-end target of 2663, a prediction I derived from my post-election model in April, and made explicit in my September 29 post (see below).  Not bad. Not bad at all.

 

Chart 1: Screen shot of my Sep 29 post.

 


 

Chart 2: The post-election model shows the most recent close is not very far from my year-end target.

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