Samlunch
11-15
$SPDR S&P 500 ETF Trust(SPY)$  


📈 $SPY RETESTING!

• SPY is retesting an important trend line and we also have a bull gap right under.

• If we gap down under the bull gap that is open there is a high change we will see a steeper pull back into the end of the year.

• This is a scenario to have in the back of your mind and is important where every bull gap will act as support as we drop lower but creating an island top I believe we can see 570s before higher.

• Bulls need to break 600 or chop continues.

OPEX Friday. Good luck everyone!


S&P Target 6500? Is It Safe to Invest at High Levels?
With $.SPX(.SPX)$ recently surpassing the 6,000 point, major institutions have expressed optimism about the U.S. stock market's outlook for next year: Morgan Stanley: Set a base-case year-end 2025 target for the S&P 500 at 6,350 points, with a bullish scenario target of 7,400 points. ---------- Will you still invest in US stocks despite of high valuations and low risk premium? Can $.SPX(.SPX)$ hit 6500 as analysts suggest?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • AuntieAaA
    11-16
    AuntieAaA
    Good
  • YueShan
    11-16
    YueShan
    Good ⭐️⭐️⭐️
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