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VasilyTrader
Oct 7, 2022 12:46 PM

S&P500 Index (SPY) Bearish Wave is Coming?! 📈 Short

S&P 500 index of US listed sharesFXCM

Description



Important update for S&P500 index.
Price action, key levels.
Bearish scenario explained.

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Comments
VasilyTrader
What are your expectations from SPY?
TopTradingSignals
Best of luck bro!
ProSignalsFx
I am flattered!
Bill_Howell
Good call, especially as there are still many investors who seem to want the market to rise, who see a Fed pivot, or any number of other reasons for a turn-around. Surprising rise of "FRED: WLFN - Federal Reserve Liabilities" from 28Sep2022 to 05Oct2022, but general downtrend in Fed total assets. They will never deleverage even 1/4 of their balance sheet (since 2007) at this rate. The interest rates are possibly less important, and perhaps CPI inflation targets are not so important in relation to [Fed, Treasury] hyperinflation of financial assets, which might leak to CPI?
TheNewsCrypto
Chart looks good, thanks for sharing
UnitedSignals
Cheers, bro!
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