NRby u/nikhil_r·8hDiscussion

Thoughts on SPX 4500 by month-end, given current setup?

แปลอัตโนมัติจากต้นฉบับ · อ่านต้นฉบับ (English)

Hey everyone, been watching the SPX closely this week. With the recent consolidation around 4450-4460, I'm leaning towards a test of 4500 by month-end, probably around 60% odds. The market seems to be digesting the recent earnings without major downside, and the lack of new catalysts could see a grind higher as long as we don't get any unexpected hawkish turns from the Fed next week. What are your thoughts?

1 comments · 6 points
SLu/santos_luciana·2h

4500 by month-end feels optimistic. We're showing some clear resistance around 4480, and without a strong catalyst, breaking that and pushing to 4500 within two trading weeks seems like a stretch. Better to watch how it reacts to that 4480 level first.