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SPY
Long Entry 662.2900 2025-09-18 22:54 UTC
Target 730.0000 Fail 600.0000
Risk/Reward 1 : 1
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SPY
Pending
Stocks
Technical
1H
Analysis Predict Bull Market
The analysis centers on Bitcoin and the S&P 500, fueled by speculation of more rate cuts from The Federal Open Market Comittee with the aim to push them upwards and cheap capital. BTC is forecast to reach $130,000 by mid next month. Also an inverse head and shoulders formation suggesting an uptrend to $128,000; a break above $118,000 is crucial. The S&P 500 exhibited a rally as well, with a strong RSI and MACD crossover with an upward move of about .67%. The analysis infers DXY as showing a correction now because the increase of sound money. Long term target points for SPY at 730 based on historical trends.
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