Forecast completed by Sp500 ✅ Trees have grown to high sky?
As we predicted earlier in the short-term forecast, the Sp500 index reached 4300 points, although not many people believed in it.
Now there is euphoria and the FOMO effect: money from private investors has already flowed into US stocks.
There is extreme greed in the market!
And how greed ends in the market - all more or less experienced investors know ...
Small oversold companies still have a large number of shorts, which means that there is a high probability of fast short squeezes from +20 to +80%!
Don't buy stocks just because they've gone up a lot!
Now is not the time to do that.
What to expect next from the Sp500? 🔮
Unfortunately, the situation is not in favor of growth for the index.
In the US, the government debt ceiling has been raised, which means that the US Treasury Department will borrow $1-2 trillion until the end of September 2023.
Also now there is a withdrawal of liquidity from the Fed - all this together will play a negative role on
SPX .
In the late month, the index grows by only 5-7 companies, this shows the weakness of the index.
The shares of the IT sector look the best.
But deteriorating conditions in the US economy will weigh heavily on these stocks.
🔰 According to Sp500 forecast 4000p, and then 3800p.
You can find even more profitable ideas in the profile header 🎩
If you are interested in analysis of any other asset - write in the comments and I will do it.
Now there is euphoria and the FOMO effect: money from private investors has already flowed into US stocks.
There is extreme greed in the market!
And how greed ends in the market - all more or less experienced investors know ...
Small oversold companies still have a large number of shorts, which means that there is a high probability of fast short squeezes from +20 to +80%!
Don't buy stocks just because they've gone up a lot!
Now is not the time to do that.
What to expect next from the Sp500? 🔮
Unfortunately, the situation is not in favor of growth for the index.
In the US, the government debt ceiling has been raised, which means that the US Treasury Department will borrow $1-2 trillion until the end of September 2023.
Also now there is a withdrawal of liquidity from the Fed - all this together will play a negative role on
SPX .In the late month, the index grows by only 5-7 companies, this shows the weakness of the index.
The shares of the IT sector look the best.
But deteriorating conditions in the US economy will weigh heavily on these stocks.
🔰 According to Sp500 forecast 4000p, and then 3800p.
You can find even more profitable ideas in the profile header 🎩
If you are interested in analysis of any other asset - write in the comments and I will do it.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.