SPY → $830.00 by Dec 8, 2026.

Feel like I’m seeing a lot of people suggesting there’s a downturn coming but I feel like we’re quite a way from that (since 2009 it’s been following the bull channel up minus the Covid hard drop but it regained that within 2 weeks). IMO SPY would need to be near 830+ (15% from where we’re at) to be near overvaluation). Ratio wise SPY to GLD (gold) and SPY to VGSH (bonds) there’s money flowing back into stocks since the …