$S&P 500(.SPX)$ $SPDR S&P 500

The $SPX Chart EVERYONE has to see!

Doesn't take a rocket scientist to draw the Mother of all Trendlines (MOAT). Connects perfectly.

Sometime between now to mid July we gap fill 5,375ish, which conveniently lands right at that bottom support line.

Notice some RSI divergence too.

Also keep in mind that each of the last 4 starts to a new quarter led to a -1.5% drop in the first week.

You buy that dip if all of this materializes.

The first half of 2024 saw soaring U.S. and Hong Kong stocks. What is the progress of your annual goals? Will you forge ahead bravely or plan to revise your goals? Besides investing goals, how are other life goals going? For example, how many books have you read? How about your gym plan?

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