SP500 Can Reach All-Time High In 2024
Nov 27, 2023

SP500

SP500 Can Reach All-Time High In 2024 based on two different Elliott Wave interpretations.

SP500 remains nicely bullish as we have been warning for a long time. It can be pointing to all-time highs based on two different interpretations from technical point of view and by Elliott wave theory.

After recent sharp leg up we can easily expect more gains, as current rally can be either be subwave (D) of a larger bullish triangle pattern or maybe wave A of Y of a larger complex corrective rally within wave (B) according to ALTernate count.

Two Elliott wave Counts suggests SP500 Can Reach All-Time High In 2024
SP500 Futures Daily Chart (Two Counts)

Become a premium member

Get daily Elliott Wave updates for some major Digital currencies, FIAT currency markets, major stock indexes, gold, silver, crude etc. or apply for unlimited access to the Elliot Wave educational videos.

EUR/JPY Reaches New Highs: Anticipating a Shift in Momentum. Check our blog HERE.

DISCLAIMER

Any reviews, news, analysis, prices or other information contained on our website is provided as general market commentary and delivered electronically through a distribution channel to larger number of clients, therefore does not constitute investment advice or investment research. We are not trading advisors. Most of our work is for educational purposes only, with information based on Elliott Wave theory in real time. Trading forex, futures, options, stocks, cryptocurrenices or any another trading market carries a high level of risk, and may not be suitable for all investors.

The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information that we provide should not be relied upon as a substitute for extensive independent research before making your investment decisions. In no event will we be liable for any loss or damage on your account in connection with, the use of our products. For any real cash investments you have to contact your financial advisor.

Any information or material contained on our website is owned by Val Global d.o.o.. Reproduction is prohibited without Val Global d.o.o. prior license in writing.

By continuing to use the site, you agree to the use of cookies. Learn more.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close