i feel like sP should have one more low before any spike upwards as it is copying a pattern which is not finish yet super cycle S&P 500 Analysis: The S&P 500 index (SPX) tracks the performance of 500 of the largest companies listed on US exchanges1. As of October 17, 2023, the S&P 500 was at 4,373.25, an increase of 1.05%2. The technical indicators suggest a strong buy2. The Moving Averages also indicate a strong buy across all periods2. However, the market has shown signs of being oversold2, which could provide an opportunity for S&P 500 to find a foothold2.
S&P 500 Prediction: Predicting the future of S&P 500 involves considering several factors. The conflict in the Middle East has cast a shadow on global financial markets3. Israeli stocks listed in New York and Tel Aviv have sunk to recent lows3, which could influence the S&P 500. However, analysts are at odds on whether or not the Israel war will impact oil prices4, which could indirectly affect the S&P 500.
S&P 500 Prediction: Predicting the future of S&P 500 involves considering several factors. The conflict in the Middle East has cast a shadow on global financial markets3. Israeli stocks listed in New York and Tel Aviv have sunk to recent lows3, which could influence the S&P 500. However, analysts are at odds on whether or not the Israel war will impact oil prices4, which could indirectly affect the S&P 500.