I think it will be 5500 at the end of the year. However, the current level at 5200-5300 is ripe for a correction anytime. I think it is coming in April or May especially the later month. Therefore, it is wise to hedge against volatility with VIX even if you are still very bullish about the market. You can profit from the trade when the market corrects the current ATH records. Huat Ah!$VIX 20240522 15.0 CALL$  

# S&P 3-Day Decline: Hold Stocks or Cash for the Holiday?

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