๐ S&P 500 โ My Outlook
The S&P 500 is now only around 0.5% away from a new all-time high ๐ฅ
My view: I wouldnโt be surprised to see another push higher before we get a deeper correction.
With the 2026 US midterm elections approaching in November, I think the Trump administration could continue pushing for new trade or economic deals or fake news with he's posts in the coming weeks. If markets interpret these developments positively, we could see another leg higher in equities ๐.
๐ฏ My target:
S&P 500 โ around 7,940
After another move higher, I think the market could eventually face a deeper correction later this year or into 2027 ๐.
And if that correction happens, it could also have an impact on other major assets such as Gold ๐ฅ and Bitcoin โฟ, especially if liquidity and risk appetite deteriorate.
#SP500 #stocks #Bitcoin #trading
The S&P 500 is now only around 0.5% away from a new all-time high ๐ฅ
My view: I wouldnโt be surprised to see another push higher before we get a deeper correction.
With the 2026 US midterm elections approaching in November, I think the Trump administration could continue pushing for new trade or economic deals or fake news with he's posts in the coming weeks. If markets interpret these developments positively, we could see another leg higher in equities ๐.
๐ฏ My target:
S&P 500 โ around 7,940
After another move higher, I think the market could eventually face a deeper correction later this year or into 2027 ๐.
And if that correction happens, it could also have an impact on other major assets such as Gold ๐ฅ and Bitcoin โฟ, especially if liquidity and risk appetite deteriorate.
#SP500 #stocks #Bitcoin #trading