S&P 500 IndexLong
SPX / M2 to repeat 460 months cycle?
SPX / M2 is in an uptrend as per ascending channel.
It last bottomed in the 2008-2009 crisis.
Currently struggling in this multi-decades resistance area (red rectangle). Break it in the following months and the road is clear for another top in 2038.
It last bottomed in the 2008-2009 crisis.
Currently struggling in this multi-decades resistance area (red rectangle). Break it in the following months and the road is clear for another top in 2038.
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