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S&P500 Going down another 40% - Market Bottom in May 2023

Short
SP:SPX   S&P 500 Index
In conjunction with my previous Dow Jones analysis (Link to it down below), we foresee another 40% drop in S&P500 until mid-2023.

The analysis done on these charts is based on old repeated market cycles that were last seen during the market crash of 2008.

As you can see clearly on the charts, the market has been playing the exact scenario of 2008, since March of 2022!

It's fascinating how similar markets are working their way, and people don't seem to notice at all...

There is a verse of the bible that W.D.Gann used a lot in his books which says: "What has been will be again, what has been done will be done again; there is nothing new under the sun." Always keep this in mind when you are reading the market.

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