arnaudzocca

LONG TERM VIEW on SPX (Originally published 6-8 months ago)

SP:SPX   S&P 500 Index
At the time, I was advising to take profit ... The SPX is re-entering its "wide" long term uptrend pushed by Quantitative easing and negative interest rates. The stock market can probably go up to the yellow line before going back down. The Lehman crisis was not solved but postponed by Monetary policies. We will have the cash out someday for all the fake money that has been created over the last decade. You can EXPECT THE SPX TO LAND AT 1600 level in the next 18 - 24 months.

GET READY !!
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