SPX to dump 30% - 50% for Inflated Expectations in 2026

I like to say the narrative follows the price. This was bound to happen after such an overheated year, couple years. Blame whomever you want, in the end its your wallet if you aren't ready to have your expectations met.

Best case scenario, the breakout of macro is confirmed after the retest (blue arrows). Worst, more likely case, it smashes down to confirm a double bottom with a strong foundation to form a macro support. The sawtooth can provide opportunities for volatile scalps, but its gonna get gnarly I can already tell.