Multi-year view of S&P 500 Index and possible trends for 2023.
Comment:
After Q1 2023, we see the S&P 500 stay within the long-term trend channel (highlighted in blue).
Comment:
After Q2 2023, we see the S&P 500 continue its bullish move to the top of the long-term trend channel (highlighted in blue).
Comment:
After Q3 2023, we see the S&P 500 fall back into the long-term trend channel (highlighted in blue), specifically back to the mid-line.