Trader9898

Long Term Trend Of S&P 500

Short
Trader9898 Updated   
SP:SPX   S&P 500 Index
This is a possible look at the long term trend of the S&P 500 from now until 2028. Given that every single asset class is selling off today (stocks, bonds, real estate, commodities, crypto), this ordinarily should not happen (people sell stocks and buy gold or bonds), indicating a possible broader weakness in the market, meaning everyone is turning to cash and selling everything. Looking at long term charts, it is clear that no market typically makes it from bottom to top past around the 20 year mark without retracing from whence it came. This looks at a possible major retracement back to the 2001 and 2008 crash levels over the next 10 years.
Comment:
So far trade is correct.
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