Way I am looking market:
Case 1 - base case, market will linger till Jan without any major correction. Fed rate cuts will fuel the markets further high 26300 may be. Risk on will be active. Since elections are in Nov, typically we see S&P rallying after Presidential elections.
Till Jan 25, no major real correction. bubble to get bigger and burst around Jan 25.
Case 1 - base case, market will linger till Jan without any major correction. Fed rate cuts will fuel the markets further high 26300 may be. Risk on will be active. Since elections are in Nov, typically we see S&P rallying after Presidential elections.
Till Jan 25, no major real correction. bubble to get bigger and burst around Jan 25.