My forecast this year for SPX

SP:SPX   S&P 500 Index
While my target for the year is over 3K, I think we definitely will retest bottom (2500 area) and 100EMA before a move up. Caution and fear is in investors minds and rapid runs will get sold due to profit taking. This simply creates further volatility and fear until investors are confident again that equities are priced at their fair value and economical factors are strong again.
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