Tuesday, December 1, 2015

SPX year-end prediction: 2016 the Year of the Bear

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.

(needless to say that SPX will not move in a straight line down to 1400/1000.The arrows show the general trend)