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S&P 500 may surge near 8k on June high, Ryan Detrick predicts

S&P 500 may surge near 8k on June high, Ryan Detrick predicts
S&P 500 may approach 8k soon

Ryan Detrick, chief market strategist at Carson Group, expects further gains for the S&P 500 if the index remains above its June peak.

Detrick pointed to technical signals, referencing a chart from Frank Cappelleri to support the outlook that a move up towards the 8,000 level could come soon.

Detrick recently appeared on CNBC's The Exchange to discuss current trends in the ongoing bull market, according to a previous interview. He has also advised investors to look for opportunities beyond the U.S., noting that the global bull market continues, as detailed in an earlier report. These comments follow his latest technical outlook on the S&P 500.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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