We haven't had a new

    Posted by mla127 on 5th of Jun 2024 at 09:33 am

    We haven't had a new all time high on the S&P this month ... seems like we are long overdue ... I know ... only 2 days ... but still ...     

    Consolidating at the highs like

    Posted by DigiNomad on 5th of Jun 2024 at 09:42 am

    Consolidating at the highs like we have been without giving up the breakout above the March highs is simply forming a probable launch pad. With the pace of printing and now economic weakness increasingly showing up that will force more printing, I can see markets easily hitting 5700 by the election. 6000 not out of the question, but the measured move looks to be around 5700 at which point we'd probably get another consolidation before pushing to 6000 and higher. 

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