S&P 500 IndexLong
Sp500 between 6500 to 7500 by Summer 2025
My TA indicates that Sp500 is in two rising channeles supported by the 100DMA and the 50DMA.
Apart from those DMAs, these two rising channels are acting as a support, which makes me believe that we are going to see a final blow-off top that will drag Sp500 to 20% increase from now.
This will also help stock market and crypto reach new ATHs. Once this price action is reached we will probably see a continue sell off for a few years.
Apart from those DMAs, these two rising channels are acting as a support, which makes me believe that we are going to see a final blow-off top that will drag Sp500 to 20% increase from now.
This will also help stock market and crypto reach new ATHs. Once this price action is reached we will probably see a continue sell off for a few years.
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