🚨 Just in today.
Tom Lee who accurately called for ATH’s this month, reiterates we will see 7,300 on the $SPX in the near term then we might see a 15-20% drawdown after, before a Q4 rally back to ATH’s at 7,700 to close the year.
So timeline looks something like this:
7,300 (Q2) ➡️ 5,840-6,205 (Q3) ➡️ 7,700 (Q4)
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