Using a PE ratio of 16 or 18 and minus 20% drop in EPS, I get at least 2600 to 3000 for US500. This also aligns with the long-term trend since 2000.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.