$S&P 500(.SPX)$ market thoughts visualized:
I maintain the outlook where a healthy correction returning the index to 4500 - 4600 sets the stage for a breakout advance into new all time highs. 5000 on the index I think will be filled with a similar euphoria as when a penny stock crosses 0.50 for the first time, leading to an accelerated advance.
Predicting the exact peak is purely speculative, I've marked a high of 5300. The core analysis of breadth, momentum, sentiment and positioning will aid in assessing the probability for a top. I hold the thought that the market peak will align closely with the highly anticipated Fed pivot. For now, the market odds are pointing towards March. I'm indifferent here, it happens when it happens.
From there a welcoming of a new bear market.
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