**[Analysis: S&P 500 May Reenact 1987 Black Monday, Rare Synchronized Sell-off Signals Across Multiple Assets]** BlockBeats News, June 7 – Analyst Rekt Fencer issued a market warning, pointing out that a rare synchronized sell-off signal across multiple assets has emerged—gold, silver, cryptocurrencies, bonds, and oil are all simultaneously declining, with the S&P 500 likely to be next. The current vertical surge pattern of the S&P 500 resembles the period leading up to Black Monday in 1987. The market remains in an extremely euphoric phase, with a high risk of history repeating itself. The potential downward trajectory could be: 7250 → 6750 → 6250 → 5500, signaling a significant correction ahead. Even though Goldman Sachs has raised the S&P 500 target to 8000 points, the consensus on a bull market is precisely a risk signal. [Original Link]