Make sure you print this post out and reference the 1140 to 1170 S&P 500 targets for the most logical downside projection in order to complete the bear market.
These number represent 15% to 18% lower prices from current levels and a 28% decline from the all time highs.
We could very possibly see these numbers during the Summer months and still achieve an up year overall.
From a seasonal standpoint, Presidential Election years are quite bullish for stock prices and years ending in 8 have a tendency to get hit hard and then recoup all if not more than their losses.
So, if this scenario is to play out, it will offer some tremendous profit potential both on the decline and the potential subsequent rally from the lows. This is definitely something to pay attention to.
Take a look at the chart below for a visual of exactly what I just talked about.