my forecast on the spx for the next year, after higher highs come higher lows, and based on where valuations are right now the market needs to take a breath. officially bearish
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Things falling faster then expected, no ones going to accurately predict a bottom, but if this 5500 level gets broken i think 5200 is really attractive to get in at. depending on Trump and the economy what i predicted would take a year could take only a few months and we could get a nice run in the summer months.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.