WallSt007

Worst Case Scenario for $SPY

AMEX:SPY   SPDR S&P 500 ETF TRUST
Scenario #1 2018 drops we get the same drop like we did in 2018, 20% down move from top of spy.
due to trade war and rising rates
We had set up a double bottom move to trap all the bulls and flushed 20% with no relief rally at all.


Scenario #2 we have so much fear in the market that we sell and broke thru all support levels very fast until the fed steps in.
We flushed hard for 3 straight days and got a small relief rally to close positon.

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