The S&P 500 is approaching a target range of 6,300 to 6,400 based on Fibonacci extension levels and technical structures, and this represents the final phase of a blowoff top before a sharp crash.
forecastpending
Speaker
Henrik ZbergEvidence Quote
“I had back in 2022 I had the uh expectation of seeing the market moving to 5700 to 6,000 that range and then as we get closer I've been able to modify that more and detail it more which means now I have a target of around 6,300 maybe all the way to 6,400 [1:33]”
Created: 8/11/2026, 7:45:29 AM
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