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Goodland_UK
Jul 19, 2021 4:54 PM

S&P- Pullback very likely  Short

US SPX 500OANDA

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US stocks are heavily overvalued at the moment, I expect a deeper pullback not just on the S&P but on stocks globally.

I don't expect a harsh drop as seen in March 2020 as I believe we are more prepared if a similar situation did occur.

But I wouldn't be surprised to see stocks fall for the next 12 months.
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