Two years after my last big short on SPX, the price has once again reached the top of the ascending channel. Based on this scenario, the expectation is that SPX will peak within the next two months, around early May 2024.
Initial target 4,800, stretch 4,400
Incidentally, Bitcoin appears poised to surpass its 2021 all-time high, during which Bitcoin peaked two months prior to the SPX 2022 high.
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