Stocks

SP500 Bull Run Not Done YetAug 30, 2024

Hey everyone, it’s Friday, the final day of the week and also the end of the month, so the market could be a bit volatile today with end-of-month flows. But we’re still in risk-on mode, and in my new video analysis, I’ll be taking a look at some higher-degree cycles on the S&P 500. I still believe we should see a bit more upside to new all-time highs before possibly entering the late stages of a higher-degree impulse wave. This could mean that some important resistance levels might be tested later this year, so we should be on the lookout for potential changes in cycles.

Make sure to check out the video, and don’t miss our new webinar on Monday at 3:00 PM Central European Time. Join me here

Have a great weekend!

Grega

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