SP500 is proceeding as planned :) When it touches 50 days MA, bounces back. If not for this time, expect bigger correction !!!
4800 is latest / revised target .
A slightly conservative trend channel but upwards in mid-long term.
Also, I have noticed that "bubble talks" left its place to "tech sell off / rotation" talks.
But, if you have fundamentally good techs or stocks having good growth potential, sleep well :)