Technical analysis by TheHopinionist about Symbol SPX: Buy recommendation (2/2/2023)

SPX Bullish outlook on SPX ( S & P 500) - Golden Cross on Daily Timeframe (50 Days MA crossing 200 Days MA), - Possilbe hike Pause by the Fed at March/April meeting, - General negative sentiment and large short positions that would need covering, - General company earnings that mostly beat earlier estimates, - Generally safer environment to invest in US registered equities, - Mass Layoffs that will eventually decrease costs and consequently increase earnings per share, Things to watch : - Appleearning release end of today (as holder of largest weight) - Fed minutes of January 2023 Meeting, - Support Line at around 3,900 level, - DXY level 105 and already happened Death Cross (refer to my earlier DXY chart), As always DYOR and stay safe.Target Hit.