Summary
Akhil provides a July 2024 update (written before Trump assassination attempt, with bracketed additions after). The Dow pierced through 40,000, a genuine breakout. May 20 was a double/potential triple top with March 21 and the new breakout. All forecast curves point to a strong finish to the year. FTSE and Australian markets also breaking upward. The S&P/Nasdaq are driven by mega-tech (Nvidia). Bullish signs across the board. The Trump assassination attempt on July 13 is treated as a short-term uncertainty factor, not cycle-altering.
Key Claims
- Dow pierced 40,000 in July 2024, confirming an upside breakout. — confidence: high
- All major PSE forecast curves indicate a strong finish to 2024. — confidence: high
- Mega-tech (Nvidia, etc.) is driving S&P/Nasdaq but broader market action is also bullish. — confidence: high
- The Trump assassination attempt (July 13, 2024) is a short-term factor, not cycle-altering. — confidence: high