Spx 5k target
Updated
Once we break this level
Which could take a month or two
5k is clear target
Small Chance the sloth gets hit
I won’t add up there but I’ll leave some stuff running for silly targets
As I’ve said if eur gets above 1.15 dollar can crash
That wouldn’t be good for markets in the end but the preceding dollar weakness could send risk parabolic
GRI 2023
Which could take a month or two
5k is clear target
Small Chance the sloth gets hit
I won’t add up there but I’ll leave some stuff running for silly targets
As I’ve said if eur gets above 1.15 dollar can crash
That wouldn’t be good for markets in the end but the preceding dollar weakness could send risk parabolic
GRI 2023
Note
The nature of uptrend geometry is that the longer we go sideways here the higher the targetsNote
It’s possible we go sideways with traps both ways at both blue lines which opens up a target of around 5200 -5500 next year, I could see this happening because I think there will be the biggest gains in the small caps so it would be interesting to look at the corresponding rut geometry. From memory that could break the old highs very convincingly
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