The S&P 500 could pull back to $460-470 per share (the Spy), which is only an 8-9% pullback; however, Rilion expects a much larger 15-20% pullback this year to the $410-430 range (a Fibonacci retracement zone between 0.618 and 0.38), followed by a potential 40-50% crash down to 2018-2020 lows.
forecastpending
Speaker
Chris RilionEvidence Quote
“could pull back roughly to about the $460 $470... we could see the markets pull back 15 uh 20%... 40 to 50% correction which brings us back down to the the 2018 the 2020 lows”
Source
Will the S&P 500 Crash By 50%? How Gold Could Protect Your Portfolio | Chris Vermuelen— WealthionCreated: 8/10/2026, 11:07:32 PM
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