SPX will see a 1000 point drop by 2022
This is my bold prediction that the US Stockmarket benchmark will see a 25% drop by year end, and possibly earlier.
A 25% drop will represent a 1000 points drop from the current level of around 4200 to approximately 3200.
$Apple(AAPL)$ will likely hit 100 dollars per share. I know what some people here will reply in the comments, if Apple falls to 100, I'll sell everything and all in to Apple, okay we shall see all right. [LOL] [LOL] [LOL]
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Just one week, ans we're 100 points closer to my target, bear in mind, market doesn't plummet to hell in a straight-line manner, there'll possibly be rebound in the coming months due to whatever reasons that I am unable to foresee, but it represents on another round of dead cat bounce, to trap more gullible retail investors into thinking their buying the dip strategy works.
Only to realise later on the dip falls even more.
A Phenomenon that can only observed in a bear market is large intraday swings of more than 5%. Do keep note, this rally is only a dead cat bounce, if you think we're hitting a new All Time High again, do share with me your dose of copium.
Getting closer to it, 500 points away from my target, this should reach by November.
3 months left with 600 points to go hitting our 3.2k target