SPX Secular Bull Trend Analysis

Aug 4, 2024

Following this bullish trend upwards, the upper bounds of the channel lines up with 7500. I am bullish until 7500. I don't know what kind of retracement we will get after that but it will be quickly bought back up. The ultimate price target is 16,000

It seems like a sideways price delivery under 7500 until the breakout possibly 2029. This seems to line up with my Dow Jones thesis as well.

I am 100% bullish for the next 15 years and will keep buying every available, buyable dip up until 16,000

At no point will I ever fear a "Crash". I see all declines as buyable opportunities on both S&P and the Dow.

End of Secular Bull Trend Price Targets:

S&P: 16,000
Dow: 150,000

Aug 4, 2024

Note

My plan of action up until November 2025. Everything is pointing to a big dump on November 2025, both on S&P and on the Dow. Price target 7500 2025.

Aug 4, 2024

Note

Compare the above S&P to the Dow Jones. S&P will dump off the top of the channel whilst Dow will dump off the mid point of the channel. That dump will 100% be a buyable dip for the grind higher to 16,000 and 150,000 respectively.

Aug 4, 2024

Note

Trade Setup Criteria's that MUST be met prior to trade entry

1: Bullish engulfing weekly candle that takes over at least 80% of this week's down candle

2: The second week's candle's close above the counter trendline (That week just happens to be CPI week)

3: Entry on the close of the second week's candle close.

4: Stop below that candle (Estimated 185 points)

5: Target is the upper channel line, the 2X range expansion and 7800 area