It seems that at this point, the SPX500 may fall to around
3600
levels. After that, the game will continue in the
3800
-
4100
range. A solid breakout above the
4100
levels could lead the price to ATH levels. However, after a long distribution consolidation, a drop below
3600
could mean a bear market in global markets. According to the patterns, this could occur around the turn of 2023 and 2024. Perhaps this will be a time of tension between the US and China.