For the superstitious out there the SPX should be giving you a macabre vibe.
Here’s a less macabre target of 1650, but depends on a much slower bear market.
Looks like this target is actually backed by some fundamentals. Hussman calling for easy 60% drop. Perhaps I actually identified a type of pattern here. Will be interesting to see how price unfolds. https://www.hussmanfunds.com/comment/mc1...
@The_Unwind, thanks. Noticed some odd patterns that reminds me of the stick/wood idols hung from trees in the Blair Witch movie. Figured it would make for a humorous post. Should have prefaced it as satire. I remain bearish though, but acknowledge price could reach 3015 via a broadening wedge pattern.