S&P500 is in wave 4 of a 5 wave bullish run for a few years now. And this wave 4 is having a complex corrective 3 wave (now possibly 5). Reversal at 3800 to recovery is in progress with the current bottoming process (double bottom or inverse Head and shoulder).  

Bottoming process completes with positive indialcators and narratives (lowering inflation, FED reduction in hikes etc) will bring S&P500 to 5000 or 5300) by Q4 2022. 

2023 will be hit with recession with S&P500 going to 1700 (about) 

# Will S&P 500 sink into bear market (3824) this week?

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  • boonk
    ·2022-05-27
    wave 5 will be 2023?
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    • Asphen
      wave 5 is to the new high of 2022 (Q4) and then slumps in 2023 to begin the bear trend with the recession.
      2022-05-27
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    • Joe1997
      Hi
      2022-05-27
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  • Bonta
    ·2022-05-27
    Agree that most prob drama will be coming in 2023
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  • SebbyBoy
    ·2022-05-27
    Very good analysis
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  • boonk
    ·2022-05-27
    need wait 2023 first opportunity
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  • soun_garden
    ·2022-05-27
    Ok
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  • FrickL
    ·2022-05-27
    👌
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  • STAN13
    ·2022-05-27
    nice
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  • EL94
    ·2022-05-27
    ok
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    • LY1970
      Nice
      2022-05-27
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  • Simba king
    ·2022-05-27
    👍
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  • Dickson8614
    ·2022-05-27
    Nice
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  • linrui
    ·2022-05-27
    K
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  • DericPiew
    ·2022-05-27
    k
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  • tina go
    ·2022-05-27
    k
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  • xebona
    ·2022-05-27
    666
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  • blitudik
    ·2022-05-27
    nice info
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  • gupzbajaj
    ·2022-05-27
    cool
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