$IWM 280 by end of 2024?
Market starting to show signs of a final melt up ? Just offering this bull case, of course we could certainly see 120 before 280, but 200 weekly MA has offered support in the past followed by strong moves up, less 2008 financial crisis and 2020 covid crash.
So I guess real question for the bear case would be - what is the black swan event ? Because for certain Inflation, war , etc. are just headwinds. A true BLACK SWAN EVENT is needed it seems.. what will it be then ?
My bias is long ... for now :)
So I guess real question for the bear case would be - what is the black swan event ? Because for certain Inflation, war , etc. are just headwinds. A true BLACK SWAN EVENT is needed it seems.. what will it be then ?
My bias is long ... for now :)
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