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Major-Heikin-Ashi-Legend
Aug 29, 2022 7:28 PM

Possible scenario for SPY Long

S&P 500SP

Description

The next impulse wave for SPY aligns with a break of the ATH. Leads into crypto bull run.
Impulse wave has started after a nice correction from the ATH.
Comments
mjcpaull
Only in a dream ... macro's all pointing the other way.... technicals indicating "Strong Sell". ..... best of luck with it
ChristopherPrunus
QT and rate hike. Expect huge drops from Macroeconomic environment for the next many months to come.
Major-Heikin-Ashi-Legend
@ChristopherPrunus rate hikes are a large overreaction to inflation spikes which will sort itself out in the coming months. Targets are for end of 2022/early 2023.
Major-Heikin-Ashi-Legend
@ChristopherPrunus Interesting to see what happens with QT however.
orimichaeli
Very unlikely.
Nothing_trading
If you're going to have a live stream, let me know. Whether it's TradingLive or Youtube, I wouldn't miss it.
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