First Quarter Objectives being Hit…
Markets are getting close to the Climate Change Models objectives for the first quarter of 2024, should be a little more, but maybe not, so it dumped the NVDA and SOXL long positions here and put on some SPXS leveraged short ETF postions to start the protection setup.
Here were the last projections of the model:
| 1/26/2024 | ||||
| 2024 Market Projections | ||||
| ( based on Swing Technicals ) | ||||
| Russell RUT ETF Prices | ||||
| 1974 | Current Price | |||
| 2171 | First qtr high | |||
| 2060 | Second qtr buy area | |||
| 3300 | End of year | |||
| S&P 500 ETF Prices (SPX) | ||||
| 4900 | Current Price | |||
| 5140 | First qtr high | |||
| 4750 | Second qtr buy area | |||
| 6000 | End of year | |||
| Nasdaq 100 (NDQ) | ||||
| 17500 | Current Price | |||
| 18370 | First qtr high | |||
| 17000 | Second qtr buy area | |||
| 22800 | End of year |
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