Elliott Wave theory is my guide here in this analysis
The fundamentals are in support: Bottom of a Bond bear market- Check Entrenched inflation- Check S&P gains driven by a few stocks- Check Commercial Real Estate crashing- Check M2 money supply decreasing- Check Fed Funds rate elevated- check Interest rates elevated- check Bank shenanigans (SVP, FRB, etc)- check Still dont know the true value of the derivatives market- check
I could keep going but you've probably already made up your mind at this point if you agree with the analysis so I will leave the rest for your midnight google searches.