The S&P500 has gone totally crazy and is pushing for new all-time highs over, and over again. In an attempt to climb on new tops, the index leaves us all gazing at its performance in awe. For us, the recent increase does not come by surprise and we are expecting the index to increase up to an area of around 4147 points. There, a correction should pull us down a bit. After that, we expect further all-time highs.
Happy trading!
Happy trading!
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
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.