Spy 580-600 by Early October
Hello traders,
I think with the ratecut we could be entering a bullish period at least till early October. I could see spy hitting 600 or at least 580. I still think it will go even higher than that after an early October pullback... and rally into/after the election. Will ratecuts due to inflation coming down and the economy seeming to be doing OK... at this point I don't see anything stopping the bull train. Choo Choo... Hop on board!
I also show green Bull Full Moon and red Bear New Moon. We are in a bullish period till the next new moon on 10-2-2024.
P.S. I think crypto is gonna run as well...
I think with the ratecut we could be entering a bullish period at least till early October. I could see spy hitting 600 or at least 580. I still think it will go even higher than that after an early October pullback... and rally into/after the election. Will ratecuts due to inflation coming down and the economy seeming to be doing OK... at this point I don't see anything stopping the bull train. Choo Choo... Hop on board!
I also show green Bull Full Moon and red Bear New Moon. We are in a bullish period till the next new moon on 10-2-2024.
P.S. I think crypto is gonna run as well...
Note
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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.