$SPDR S&P 500 ETF Trust(SPY)$ I'm bullish here. The extreme fear gauge is usually a trailing indicator. I'm not saying we'll see an immediate recovery, but I believe the SPY will finish above $8200 for the year. I think it will become range-bound in early October with some quick consolidations. The next run before a broader pullback in May 2027 will present more interesting buying opportunities than in previous years.
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