• Simplify Wall Street
  • Posts
  • 😲 What could go wrong? Big News ⌛️ All Time Highs 📈 Whats next? 💭

😲 What could go wrong? Big News ⌛️ All Time Highs 📈 Whats next? 💭

💭 Weekly recap , Trader Mistakes, 3 Trade Setups

Sponsored by

Wishing you a cheerful Sunday ☀️! 

In this week’s newsletter, you’ll read about…

💬 My weekly stock market overview as we reflect and prep for the week

💻️ Learn from other trader’s mistakes. What this guy did wrong?!

📖 1-Minute 💭 : Weekly recap 

First, a delightful message from our sponsor.
If you need unbiased news, they may be worth a read!

Get the facts, not opinions. 1440 delivers.

Overwhelmed by biased news? Cut through the clutter and get straight facts with your daily 1440 digest. From politics to sports, join millions who start their day informed.

Proceeding With The Reading:

Traders work on the floor of the New York Stock Exchange (NYSE) in New York. Brendan McDermid | Reuters

The U.S. market has been supported on dips for about 3 months now. Outside of the pullback in October 2023, the past 2 months have shown us that the new norm, until broken, is to defend $SPX 4500s. The trend can continue higher unless broken.

Will this 4500 level break by the Fall of 2024?

Login or Subscribe to participate in polls.

E-mini chart

Subscribe to keep reading

This content is free, but you must be subscribed to Simplify Wall Street to continue reading.

Already a subscriber?Sign In.Not now

Reply

or to participate.