S&P 500 1 day chart - Bearish

MA crossover on the bearish side

Lot of governmental factors in play at the moment regarding interest rates, hyperinflation control, monetary policies etc.

Large companies shifting from a growth/expansion model to profit conservation to weather the storm

I would expect interest rates to continue increasing, unemployment to increase, and some sizeable downtrends in some milestone companies

My assumption over the next 6 months:

Target 1 - 75% confidence
Target 2 - 25% confidence (STRONG support here)

Good luck!