With current trends, SPX will fall to the range of 318-315. It has fallen through the support at 325 and will continue a downward trend. The is somewhat inline with the predicted 5-10% correction. This is further pushed by current news on COVID-19 and destabilization of Asian markets.
Based on these bullish indicators, we can expect CAKE to push towards the $45 mark by 3/20. This prediction is based upon the current trends, as well as current publicity on the topic.