SuperDaveG

SuperDaveG

In my previous post on AMEX:SPY , I presented the argument for a potential 30-35% market crash in 2024, following new all-time highs. This updated chart incorporates worst-case scenarios and draws parallels with the DOT Com bear market of 2000-2003. > Utilizing the year 2000 as an analogy for comparing market cycles. This provides valuable insights into...

SuperDaveG

NASDAQ:QQQ NASDAQ:NDX Here's what I see shaping up in the Nasdaq 100 💡 Remember we do have two big news events this week . The inflation CPI # Tuesday and the FOMC rate decision on Wednesday. These two events 📰will be huge market drivers. One or both could disappoint and cause a decent pullback. Putting that aside for now I do see positioning and a...

SuperDaveG

AMEX:SPY CBOE:SPX The next 12 months ---------------------------------- It's looking like this rally is set to pullback before one final push higher to the 480 area to create a Double Top That's 5% higher from current levels plus whatever pullback we get now Then a CRASH📉 of at least 35% even more for the #NASDAQ SPY could go higher than 480 but I'm not...