I wanted to share with you guys what I think is happening right now in the stock market; by the looks of things, we're doing exactly what we did back then in the lead-up to the March rally and subsequent leg lower. My current belief is that we will nearly replicate said pattern ahead of making another leg lower in the stock market(many market-moving names are repeating as well); I expect that next week will have some choppy sideways action, but the subsequent weeks will be roaring higher. I warn you guys to avoid getting sucked in by FOMO at the top, even if we break through resistance at 416, as I firmly believe it is all a bull trap. Best of luck in your trading!
Working like a charm; virtually identical to March. This market will make another leg lower but probably has some room higher as I previously speculated before that happens. I'll be posting many short positions when I think the time is right to enter short. I believe SPY briefly breaks 416/share before heading lower.