Veteran chartist predicts S&P 500 will hit 7,000, with strong momentum and growth signs

From Yahoo Finance: 2025-06-22 12:33:00

Veteran chartist unveils eye-popping S&P 500 target as market hits record highs. S&P 500 saw a roller coaster ride in 2025, hitting 6,144 in February, dropping to 4,982 in April, then back up to 6,000 in June. Analysts revamp targets amid uncertainty, but two technical analysts predict new highs soon. Adam Turnquist of LPL Financial expects market to rally, while Matt Fox of Ithaca Wealth Management eyes a 20% gain to 7,000. Both analysts see strong momentum and positive signs for continued growth, with charts aligning for potential breakout similar to 2013.



Read more at Yahoo Finance: Veteran chartist unveils eye-popping S&P 500 target