At this present moment, I find it challenging to elucidate the precise reasoning as to why the S&P 500 was poised to recede back to the melancholy depths of the pandemic lows. Nevertheless, I can confidently postulate the resurgence of a risk-on environment in the aftermath.
ideally as we approach the yuletide chill of Christmas Eve at the conclusion of this present year, I cast my net at $2,100 as the absolute nadir of this grizzly mark-down-phase.
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Upon a successful breach of this strategic area, I am further prophesizing a subsequent phoenix-like rise, elevating us to a commanding $7,777 threshold as we stride valiantly into the year 2030 through a vortex of an ending diagonal.
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