A post by @DeItaone on X.

Morgan Stanley chief US equity strategist Mike Wilson said the S&P 500 correction is entering its final phase and could give way to a year-end rally. Wilson expects the benchmark to approach his 7,100–7,300 downside target before the selling exhausts itself. The call matters because Wilson was among the most prominent bears during the recent selloff, so his shift toward a constructive stance could influence positioning among institutional investors. Traders will watch whether the index holds that range and whether breadth and volatility data confirm a bottom.