5200 Target at the end of January 2024. New low by July 2025
Bullish momentum to a new ATH in two months time
Sp500 on the weekly is making a 12345 EW impulsive wave.
My guess is that right now we are in Wave 5 (impulsive).
However Sp500 is making a massive bearish rising wedge that could take Sp500 to a new ATH and after that a collapse to 2000 pips by July 2025.
Sp500 on the weekly is making a 12345 EW impulsive wave.
My guess is that right now we are in Wave 5 (impulsive).
However Sp500 is making a massive bearish rising wedge that could take Sp500 to a new ATH and after that a collapse to 2000 pips by July 2025.