S&P following the same 2008 GFC trend
I posted a month ago how the NDX was following its own 2008 GFC trend and now so is the S&P. If we assume these trends hold then expect the S&P to capitulate around 3400 sometime in August. After that, the bear market will be over for this index. Keep in mind we are facing a very different set of macro-level events, so it could easily break from this, and if it does, it invalidates it.
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