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Chart Talks: Is the S&P 500 bull market coming?
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Event Summary - The S&P 500 $S&P 500 Index (.SPX.US)$ broke above 4,200 on last Friday, a key resistance point which means the .SPX is up 20% もっと見る
Event Summary
- The S&P 500 $S&P 500 Index (.SPX.US)$ broke above 4,200 on last Friday, a key resistance point which means the .SPX is up 20% from its 3,500 low in October 2022, initiating a new bull market.
- Bullish factors: Inflation has declined, the labor market remains strong, and the Fed tightening cycle is coming to an end.
- Bearish factors: Increasing hawkish comments on the interest rate resolution, the debt ceiling deadlock.

Chart Talks
1) What do you think the S&P 500's break above 4,200 signals?
2) Do you think the S&P 500 will officially enter a bull market or turn down?
3) What is your year-end target position for the S&P 500?

Rewards:
- Insightful Investor Award: We will select the three most insightful articles and reward 1,000 points to each mooer.
- Participation Award: 200 points for every mooer who publish analysis on the above event.
*Try to use chart tools (drawing tools, indicators) assist your analysis and improve your chances of winning!
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