# SVB bank failure 

By [vGarsel](https://paragraph.com/@familyandloyalty) · 2023-03-13

---

The silicon valley bank collapse breaks the crisis trendline triggering a stock market crash signal. This can usher in a bear market but as ive posted before there is no data that would support us going into a recession/bear market right now. So i think it will rather be a significant crash like we have seen happen many times in 2022. I estimate that we hit around 3200-3300 level on the S&P500 where we will bottom out and witness a massive short squeeze

---

*Originally published on [vGarsel](https://paragraph.com/@familyandloyalty/svb-bank-failure)*