josemanuelmaestrerodriguez

5200 Target at the end of January 2024. New low by July 2025

SP:SPX   S&P 500 Index
Bullish momentum to a new ATH in two months time

Sp500 on the weekly is making a 12345 EW impulsive wave.
My guess is that right now we are in Wave 5 (impulsive).
However Sp500 is making a massive bearish rising wedge that could take Sp500 to a new ATH and after that a collapse to 2000 pips by July 2025.
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