SPX6900 price target: bullish market structure eyes a pump to $2.20

Description

SPX 6900 is showing powerful bullish momentum, rallying 18.20 percent on the day and continuing its streak of higher highs and higher lows. Price is now approaching a potential breakout zone, with strong support below and a bullish continuation pattern forming on the chart. A Fibonacci extension points to $2.20 as the next major upside target, if current structure holds. After bottoming out near the $0.25 region, SPX6900 ( SPX6900 ) has been in a strong uptrend, marked by consecutive higher lows...