SPDR S&P 500 (SPY): Looking for exactly just that (head fake...

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Re: imiloa post# 380033

Friday, 01/19/2024 8:28:08 AM

Friday, January 19, 2024 8:28:08 AM

Looking for exactly just that (head fake) but if it does happen it would probably happen around 10:30 or so. I’m expecting new highs, at least for Nasdaq, by or before March and possibly the other indices too. The expected pull back in the DXY is what will (is) fueling this massive run but at some point there won’t be enough $$$$ to hold up the lofty gains (regardless of how low the DXY goes down to) and that’s the turn I’m betting on after Q1…we’ll see.

- JMHO

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