S&P 500 (ESZ2024) - Is $6,000 A Far-Fetched Target?
We are in uncharted territories and with price for the week closing @ $5,859.75, it would seem reasonable from a non-technical, irrational point a view that $6,000 is the next target.
In fact, I am pretty sure we will hear headlines about the chance to make 'history', reaching a milestone of $6,000 despite all the turmoil in the world.
What fundamentals will it take for this to materialise?
In fact, I am pretty sure we will hear headlines about the chance to make 'history', reaching a milestone of $6,000 despite all the turmoil in the world.
What fundamentals will it take for this to materialise?
Note
Note
Mid-week price range.
Still inside of Tuesday's trading range
Note
Little to no inefficiency in price this week which means those who care to scalp would be having a field day.
50/50 going into next week but I have a knack for $5,850 sellside.
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