My FREE S&P 500 prediction --- (You get what you pay for)
3838 is key
S&P 500 closed yesterday at 3930 and another 92 pt drop and it will close below 3838
IF it drops below 3838 I predict it will chop lower all summer, with recovery starting after Labor Day around 3333 and chop higher until the end of the year and 2022 will end up as a losing year for the S&P 500 at around 4022
It started the year at 4759 a drop to finish at 4022 = a -15.4% loss for the year
that's my worthless guess.... but remember it's FREE
15.4% loss combined with 7.1% inflation = 22.5% loss of purchasing power in 1 yr
BUT I'm an optimist and don't see the world monetary system collapsing for another 39 years and 11 months... but at some point the house of cards will fall