Technical analysis by LotusTrading20 about Symbol SPYX on 10/27/2024

Im expecting the current bull to continue for another few years, with a deep correction in between now and the expected target of 11 k, by 2028/29... From there I expect SPX to enter a sideways bear market such as the ones of 68/75 and 2000/2009 in order to form the 4th base of the secular run since 1929 (shown the comments). Bears always get it wrong, because of their self-delusions about the world and often also themselves! It's bulls who - due to their prescience and foresight - actually get to foresee tops in the market. Bears never catch a top, if they do it's either by coincidence, luck or something a four year old could have seen, like the covid top... anyway... we see so much madness in the ideas section, it's even fun!