Bullish Case: SPLG has demonstrated substantial long-term growth, consistently appreciating from its price five years ago. With a 72% bullish over bearish risk ratio and a mild AI price forecast incline, SPLG remains a strong bullish candidate poised for further gains.


Bearish Case: Recent negative short-term price changes and flat options term structure suggest limited near-term upside. Volatility surfaces indicate potential decreasing trends in anticipation, undermining bullish momentum.


Potential Outcomes:

1. Economic headwinds may lead to a 20% chance of a bearish turn.

2. Continuation of growth trends, with a 60% probability.

3. Market corrections affecting trend with a 20% likelihood.


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April 23, 2024


SPDR Series Trust - SPDR Portfolio S&P 500 Forecast

SPLG        SPDR Series Trust - SPDR Portfolio S&P 500
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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