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Peterson
Sep 3, 2020 6:23 AM

Blow off Top Short

SPDR S&P 500 ETF TRUSTArca

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RIP

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Late Autumn , Early Winter

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reality of the situation will finally set in

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btfd till than
Comments
saveupnow2100
what make you think spy is going down?
Peterson
@saveupnow2100, Congressional Fiscal Gridlock , Election uncertainty after the election . whoever wins, the other will not concede citing everything from fraud to interference , SOTUS gets involved . FED going negative , No presidential transition period if the incumbent loses . The common flu season melding with the coronavirus adds another hundred thousand plus deaths next three months , meanwhile the Bankruptcies will start exploding higher . No monies = No Holiday shopping season . But of course this all takes time to play out before the Grande Finale . The fib extensions are just my max upside , the 1.272 is also in play imho .
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