bro, broader outlook of the market is looking bullish, rate cut will start from Mar 2024 in US market, may of the stock correctted has not reached their level and coming presidential election in the USA, the market will remain in bullish trend, buy on dips strategy will be good for next 2 years ......Inflatuion will cool down, Prices of Crude Oil are under control, keeping all factor, new highs are coming soon in Dow, S&P and Nasdaq, small cap index in USA may outperform, Thanks
Xyz102sam
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@manjeet11 you are awesome and thanks for your detailed explanation, since budget is coming in Jan, so was expecting some kind of correction during Jan - Feb. and also market mood index is above 75. Isn’t it something to worry about. Also S&P has formed a doji candle yesterday , so was thinking if it can take a pull back
ScienceBehindTheChart
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Bro, short term correction can come but weekly trend and monthly trend is over all bullish.......call me 9805785076....would like speak with you ....
Xyz102sam
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What are the levels are you expecting S&P to reach , will it cross 4800 or have a pull back to 4500 level before further upside