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3rd JUNE 2024 Report Results

June 25, 2024 David Kang

In a week marked by bullish sentiment, the SPY weekly outlook's optimistic prediction proved accurate, with the index surging pass previous week closing price of 542.78, surpassing the target price of 545 and moving higher as far as hitting the strike price of 550.74. The upper range of 553 was within reach, while the lower range of 537 provided a solid support level. In contrast, the GLD weekly outlook's neutral prediction also proved correct, with the asset closing at 215.73, aligning with the target price of 215 and barely missing the strike price of 215.81. The range of 220 to 211 served as a clear channel for the asset's price action, as the market continued to navigate the prevailing landscape.

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Expired SPY Weekly outlook. 3rd WK JUNE 2024
> BULLISH 📈 CORRECT
Previous Week Closed Price: 542.78
Target Price: 545 | Strike Price: 550.74 JUNE20 24'
Upper Range: 553
Lower Range: 537

Expired GLD Weekly outlook. 3rd WK JUNE 2024
> NEUTRAL 📊 CORRECT
Previous Week Closed Price: 215.73
Target Price: 215 | Strike Price: 215.81 JUNE18 24'
Upper Range: 220
Lower Range: 211

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Expired SPY Weekly outlook. 3rd WK JUNE 2024
> BULLISH 📈
Previous Week Closed Price: 542.78
Current Week Target Price: 545

Expired GLD Weekly outlook. 3rd WK JUNE 2024
> NEUTRAL 📊
Previous Week Closed Price: 215.73
Current Week Target Price: 215

← 4th JUNE 2024 Report Results2nd JUNE 2024 Report Results →

* Outcomes may not be typical and may be different for each person. Trading effectively and successfully takes time and persistent work. There are always inherent risks involved, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.

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