CosmicDust

HGX SPY correlation study

NASDAQ:HGX   PHLX Housing Sector Index
May not mean anything, but assuming housing is repeating 2007, and same playbook applies, SPY can rise 11% from current level, with a final peak in December this year. That would put SPY at $223.
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.