SPY Range Bound Still Bullish To $520 June 2024 Buy Low

Price is behaving exactly as it should in regards to being in a bullish up trend. I am looking at a Complex sideways range where price will be up and down in this box until I believe June 2024 where the low will be put in place for the march up to SPY $520 at the top.

To me it looks like the Beginning of the year of 2024 will be the short term top and it will dump down for 6 months before the next 6 months of pump.

Kommentera:

Kommentera:

I am 125% confident in prices reaching SPY $520 that in June at that low I will be loading the boat for that 25% rally. I will then sell at that price and then start looking for the shorts back down to SPY $320 .

That June 2024 SPY 320 is a typo, it is supposed to be June 2026.