The various scenarios that I see for next few months on the S&P500 all look to the upside. Sentiment has recently been among the most bearish ever (which is bullish) and so has been investors positioning. Seasonality is highly bullish and so is the presidential cycle (October to April of the 2nd year). Lots of elements are in place to fuel a continuation to the upside until next year.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.