"S&P 500 to 4,800 by the end of 2022"

Can You believe this will happen? Let us see what experts like JpMorgaon has to say!

According to JPMorgan S&P 500 to 4,800 by the end of 2022

There are uncertanities in the market but JPmorgan has it reputation!

With the benchmark index currently sitting at around 4,100, JPMorgan’s target predicts a potential upside of 16%.

Kolanovic says that the S&P 500 “is on the cusp of breaking important momentum signals” such as the 200-day moving average.

The 200 day moving average is cosidered a very powerful signal by trader and trades are maanged accordingly.

In recent months,  the S&P 500 has largely traded below its 200-day moving average. Also we saw many solid break downs and red candles!

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