As 2016 approaches we present today our year end SPX prediction for 2016.
We believe that SPX has topped out (or almost there) and that a bear market in equities will ensue.We expect this bear market to bring SPX down to 1400 0r even around 1000 in late 2016 - early 2017.
We believe that SPX has topped out (or almost there) and that a bear market in equities will ensue.We expect this bear market to bring SPX down to 1400 0r even around 1000 in late 2016 - early 2017.
(needless to say that SPX will not move in a straight line down to 1400/1000.The arrows show the general trend)
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