Markets rebounded strongly in the third week of September, as risk appetite returned. The SPY weekly outlook expired bullish, hitting its target price of $565, with a closing price of $561.96. Bitcoin also surged, with the BTC.USD weekly outlook striking at $62,501, above its target price of $61,699. Meanwhile, gold prices shone, with the GLD weekly outlook hitting its target price of $240, closing at $238.65. This trifecta of bullishness suggests renewed optimism among investors, with key levels to watch including the SPY's upper range of $587 and lower range of $541, Bitcoin's upper range of $64,783 and lower range of $58,616, and gold's upper range of $250 and lower range of $229. As momentum builds, investors will be keen to see if this upward trend continues into the final week of September.
Expired SPY Weekly outlook. 3rd WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 561.96
This Week Target Price: 564
Strike Price: 565.97 on SEP 17, 2024
Upper Range: 587
Lower Range: 541
Expired BTC.USD Weekly outlook. 3rd WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 60,579
This Week Target Price: 61,699
Strike Price: 62,501 on SEP 18, 2024
Upper Range: 64,783
Lower Range: 58,616
Expired GLD Weekly outlook. 3rd WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 238.65
This Week Target Price: 240
Strike Price: 242.32 on SEP 20, 2024
Upper Range: 250
Lower Range: 229
Expired SPY Weekly outlook. 3rd WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 561.96
This Week Target Price: 564
Strike Price: 565.97 on SEP 17, 2024
Expired BTC.USD Weekly outlook. 3rd WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 60,579
This Week Target Price: 61,699
Strike Price: 62,501 on SEP 18, 2024
Expired GLD Weekly outlook. 3rd WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 238.65
This Week Target Price: 240
Strike Price: 242.32 on SEP 20, 2024