The S&P 500 is falling, but despite the sharp negative moves in recent weeks, the longer-term trend remains positive.
The uptrend that began with the 2020 dip is still intact, and it appears the market has used this trend as an opportunity to buy the dips in the last two weeks.
If you zoom out from the current economic turmoil, the broader positive outlook for the U.S. market remains. U.S. stocks have become slightly more affordable following the recent selloff. If the U.S. manages to avoid a deep recession, this market pullback could create a huge opportunity for those who missed out on the 2023–2024 rally.
However, risks are notably higher now, especially with the introduction of new tariffs that are likely to weigh on growth.
As long as the long-term trend holds, downward moves into the 4600–4800 zone could offer compelling long-term buying opportunities.
The uptrend that began with the 2020 dip is still intact, and it appears the market has used this trend as an opportunity to buy the dips in the last two weeks.
If you zoom out from the current economic turmoil, the broader positive outlook for the U.S. market remains. U.S. stocks have become slightly more affordable following the recent selloff. If the U.S. manages to avoid a deep recession, this market pullback could create a huge opportunity for those who missed out on the 2023–2024 rally.
However, risks are notably higher now, especially with the introduction of new tariffs that are likely to weigh on growth.
As long as the long-term trend holds, downward moves into the 4600–4800 zone could offer compelling long-term buying opportunities.
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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.
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.