MoneyPatterns

SPY / SPX - Breakdown From Outter Space

Short
OANDA:SPX500USD   S&P 500 Index
Do you see the repeating pattern???
What I see -
So this is the Outter Space view where we see this massive wedge building since 2007.
By August 2021 we are either going to go off the roadmap or there will be an epic meltdown.
My guess is that $13 Trillion in sovereign debt and QE will eventually be the karma for the meltdown.

Let me know what you think or what you see.
Fear and Greed Index money.cnn.com/data/fear-and-greed/

Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.