SP:SPX   S&P 500 Index

At this present moment, I find it challenging to elucidate the precise reasoning as to why the S&P 500 was poised to recede back to the melancholy depths of the pandemic lows.
Nevertheless, I can confidently postulate the resurgence of a risk-on environment in the aftermath.

ideally as we approach the yuletide chill of Christmas Eve at the conclusion of this present year,
I cast my net at $2,100 as the absolute nadir of this grizzly mark-down-phase.


Upon a successful breach of this strategic area,
I am further prophesizing a subsequent phoenix-like rise,
elevating us to a commanding $7,777 threshold as we stride valiantly into the year 2030 through a vortex of an ending diagonal.


2024 - $2,111
2030 - $7,777
2035 - $12,222


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.