S&P500 26.5% drop incoming?

I am seeing the start of a possible textbook head and shoulders pattern on the futures chart. If we have a blood bath next week it could just be the start of the pain. Especially if we end the quarter badly (March 31st).

There are a lot of fundamental reasons we should be cautious in this market. Europe is seeing war on their doorstep. China is seeing massive instability in their housing market. US bonds (the blood of the financial world) are not catching bids. US banks may soon stop lending based on the yield curve, which will significantly effect the average American housing market.

My long term buying target will be staged at the late 2019 early 2020 high if we break down hard from here. I will begin laddering in when we get within 5% of 2019 high.

The next large drop in the market will see more stimulus. I am expecting 50-100T in stimulus is needed to keep this market even remotely stable in the next drop. This may be the final hurrah of the US stock market before a long bear market. Commodities are all breaking out which shows money is beginning to rotate.

We are playing in a high volatility market. Any leverage is a huge risk and should be done with the utmost care.