800+ point drop in SPX
The Call
On January 8th, 2022, Tom Bowley called that in the first 3-6 months of 2022, we'd see a decrease in SPX from 4800 to 4000 or lower. "I think we could see as much as a 20-25% decline followed by a major rally," he predicted.
The Result
The S&P 500 fell 25% and closed near 3600 in June of 2022 followed by a rally of back to 4300!