Technical analysis by SHIFU_ about Symbol SPYX: Sell recommendation (9/9/2023)

1W Chart S&P500 SPX SPX500USD The inversion of the U.S. bond yield curve is approaching a logical reversal point. After analyzing the global chart of the S&P 500 stock index, I anticipate a long-term upward movement over the next few months until the end of 2023, reaching $ 5000 . Following this, a corrective price movement to $ 4600 is expected, possibly followed by a continuation of the long-term movement to $ 5400 . In the fourth quarter of 2024, I expect a reversal. Afterward, a downward price movement to $ 2700 🩸 is anticipated by the end of 2026, followed by a recovery in 2027-2028. I have indicated potential price correction levels on the chart. Profit to all... ... all dates are approximate; the main focus is on the essence and logic of the price direction in the nearest global perspective. The "roadmap" may be subject to disagreement, and that's your prerogative. P.S. If you find this idea interesting, hit the "Rocket" 🚀 (👇). It would be greatly appreciated and motivates me to continue sharing my market insights. Subscribe ↗️ to stay updated on new ideas.