Chart comparing DJT and US500.
This comparison assumes both are in similar positions regarding their supercycle structures.
DJT has already completed its ((B)) wave with a blow-off top, as DJT tends to be a leading rather than lagging indicator for the larger equity markets.
US500 has been very technical since COVID low. I'm looking for it to top around 7451 or perhaps it goes a little bit extra to the median line target.
This comparison assumes both are in similar positions regarding their supercycle structures.
DJT has already completed its ((B)) wave with a blow-off top, as DJT tends to be a leading rather than lagging indicator for the larger equity markets.
US500 has been very technical since COVID low. I'm looking for it to top around 7451 or perhaps it goes a little bit extra to the median line target.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.