SPDR S&P 500 ETF TRUST
Long
Updated

SPY S&P 500 ETF End of the Year Price Target

587
If you haven`t bought the recent dip on SPY:
SPY S&P500 ETF W-Shaped Recovery


Now with Goldman Sachs lowering U.S. recession odds from 20% to 15% and raising their 2024 year-end S&P 500 target to 6000 from 5600, the outlook for the market appears increasingly optimistic.
The reduced recession risk suggests stronger economic stability, and the upward revision in the S&P target points to continued growth potential.
Given these factors, I agree that a year-end price target of 600 on SPY is achievable.
Trade closed: target reached
Price Target reached!

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