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SPX500- Will it drop to 3k in medium term?

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Indeks S&P 500 (OANDA:SPX500USD)  
Mihai_Iacob  
OANDA:SPX500USD   Indeks S&P 500
Trend Analysis Chart Patterns Technical Indicators SPX (S&P 500 Index) S&P 500 (SPX500) spx500short spx500analysis spx500forecast spxsignals Indices indicessignals
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trendanalysis chartpattern indicator spx spx500 spx500short spx500analysis spx500forecast spxsignals indices indicessignals
In this analysis, I discuss SP500 using Russel2000 as a leading indicator and try to figure out what can follow for US stocks and if the drop will continue.
In my opinion stocks are not out of the woods yet and another 20% drop is looming on the medium term
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