Otradehouse

SPX 2024 Forecast - $6000 in Q3

Long
SP:SPX   S&P 500 Index
My forecast 2024 SPX outlook (all figures are rounded)

1. A run up to $5200 in Q1 ~10%
2. Quick pullback to $4600 late March- April - ~ -12%
3. Huge run to $6100 by end of Q4 ~30+%
4. Correction to $4800 ~ -20%


5. $6000 to be retested in 2025 (Q2-Q3).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.