Reported about 11 hours ago
In a recent analysis, veteran technical analysts have revised their S&P 500 forecasts, suggesting a potential rally towards 7,000, an increase of approximately 20% over the next year. Despite market volatility and economic uncertainties, experts like Adam Turnquist and Matt Fox are optimistic, citing strong participation across sectors and favorable chart patterns, drawing parallels to previous market upswings. Investors are encouraged to consider buying on dips rather than selling on spikes as they navigate the current market dynamics.
Source: YAHOO