S&P 500 Index
Short

End of bull cycle targeting 7440 then bear market target 3400

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In my view we're still in the bullish cycle started in 2020, my final target is 7440 area.
From that area I expect the beginning of the market bearish cycle.
On the monthly chart we can see an H&S pattern forming and a neckline supporting the bullish trend from 2020, I expect the break of the trendline in the next 3 months my target is 3420 area next autumn.

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