What to Expect From Equity Markets?

SP:SPX   S&P 500 Index
i don't call this a top but , a sharp drop is likely to happen in 2021 ,
but i don't think it will be something like great recession , great depression , economic collapse etc...
slower but strong recovery can follow that drop too.

the previous forecasts are completed in expanded timeframes.
Comment: following SPX volatility index to make a clear decision.