$SPY New ATH or Double Top? π€·ββοΈ
Curious on the communityβs thoughts?
Are we breaking through past ATHs soon or is the S&P forming a multi-year double top?
My thoughts: even if we are forming a double top, earnings suck, a war forms, and a recession develops leading to a market downturn - the FED put themselves in a phenomenal position to cut rates that would rubber band the market back up similar to the stimmy-era.
Bull & bear theses might honestly just cancel each other out over the next couple of quarters
Guess Iβm team π¦