S&P 500 IndexLong
Devil talking: SPX 4 Year Cycle top at 6666 on Dec2024
Based on 4 YC, fractals and Recession worries what if we top after the elections for a Bear in 2025 spilling into 2026.
A 50% distance from the 200 WMA gives us around 6666. Can we go there before the bust ?
The third rate cut could be the nail in the coffin.
A 50% distance from the 200 WMA gives us around 6666. Can we go there before the bust ?
The third rate cut could be the nail in the coffin.
Note
Barring 2008 we never had a 4 YCL so close to US Elections so it makes more sense that it might comes after that
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.
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.