Q/E Continues Ai Boom ETF Approvals Look for Resistance around the 60k area for the Year 2024. Dont believe we make new highs, as ETF Approval will be Delayed until 2025 imo. As the Public will be told to invest in Treasuries in order to finance the massive issuance slated to begin in 2024.
2024 will be a Year of SMALL Gains. Mostly Chopping Around as the Economy undergoes slow growth. Fed will be Much Less Restrictive as Inflation comes down to 3-4% They Wont Lower Rates, but will monetize the Long end of the Curve. 2025 Early Will be THE TOP with a HUGE Spike to Almost 6000 Spx
The 30 Year Treasuries have hit Major Resistances. Yields will drop below 3.5% by this time next year. A MAJOR BOND RALLY is starting as the FED will Monetize the Long End of the Curve.