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moneyjeff1
Mar 27, 2024 10:06 AM

A bullish interpretation. 

S&P 500 IndexTVC

Description

If the market continues to rise without a large pullback starting soon, then this ending diagonal pattern would be an option.

The small caps don't really support this pattern yet.
Comments
kkandru
I think market won't top out till end of 2025 , it's a interest rate driven meltup , I don't think any pullbacks are here anytime.
kkandru
Thx. Are you still seeing SPX to 5600 levels or already topped out?
moneyjeff1
@kkandru, I don't know. There is nothing to suggest either way at the moment.
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