The S&P 500 (SPX) is nearing all-time high and could reach $4,800 before the end of the year. Although the market is overextended, on a monthly chart, the Big 3 signal and Monthly squeeze are aligning for the first time since the fall of 2020. Be careful calling the top, but also be careful getting short and going against a squeeze setting up to the upside.
In today’s video, I break down key targets on SPX and my top setup in Tesla(TSLA):
I posted my Tesla thesis earlier this week on Twitter. Follow me for more market analysis and Big 3 trade ideas:
$TSLA shaping-up nicely on the Big 3 indicator.
Daily squeeze + buy signal printing here. There's a weekly squeeze printing as well, and as soon as that triggers a buy signal, it's game-on to $300+.
We have March exp CDS open in my room, and looking to add more$TSLA $QQQ $SPX pic.twitter.com/lh1ijw4nfU
— Taylor Horton (@taylor_horton24) December 14, 2023
Stay Focused!
Taylor Horton
