Really not sure what to expect, but the level of bearishness combined with a few gigantic stock splits (AMZN splits Monday 6/6, GOOGL 7/15, and SHOP 6/22) could propel the marketing into the 4400 range. I believe that would be the MAXIMUM pain for bears, then continue down.
Reasons for my bullish short tern outlook.
1. AMZN stock spilt on 6/6 2. Incredible amount of PUTS across the bored leading to a sense of over hedging 3. TTM Squeeze on SPX daily looks primed to rip towards the upside 4. WeBull comments section is super bearish. lol