I believe we are now in bearish conditions for S&P 500. Reason being, is that the stock market has been in a 9-year going onto 10 year consecutive bull-run.
No markets are up forever.. Markets need to correct before rising again. If you ask me, we are BOUND for another stock market crash as other markets need to liquidate.
I believe we are going to $1,654 dollars which is a far drop, that's about another 40% from what has already dropped!
Be prepared for stock markets to be in red, whilst Crypto markets go higher.