S&P200 July Trends for July 2024

 I don't recommend investing in specific stocks or coins.

Investment is an individual investor's decision, so please think carefully before making an investment.

1. I don't operate messenger or Telegram group talk chat.

2. I don't recommend or recommend investment in specific stocks.

3. I don't sell specific indicators for a fee.

4. This post contains personal analysis and thoughts, so I would appreciate it if you could use it as a reference when making investments.

hi bro

Yesterday I was going to analyze the charts of Bitcoin, and today I'm going to analyze the charts of the New York Stock Market's S&P 500 index.

Bitcoin trend analysis for July 2024

If you haven't seen the Bitcoin post, please click the link below.

Bitcoin trend analysis for July 2024

These days, stocks are rising every day due to expectations of an interest rate cut from the FED.

After analyzing the chart today, a price adjustment is expected starting from the 4th week of July.

Below I have uploaded a chart image with a simple analysis along with a trend line guide.

The daily price trend line and the weekly price trend line are going in the same direction.

My prediction is that price adjustments will begin from the 4th week of July.

The period of price adjustment is expected to last until August.

Of course, how the FOMC results in July will determine how the index will fluctuate starting in August, right?

For now, I recommend holding the stocks you own.

If bros have cash now, I think the most correct way is to invest after the FOMC meeting ends in July.

The chart below depicts the direction I expect.

Of course, I could be wrong, so please use this as a reference when investing.