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Time_Oracle
Feb 27, 2021 11:08 AM

$Spy possible short term correction  Short

SPDR S&P 500 ETF TRUSTArca

Description

The FOMC holds eight regularly scheduled meetings during the year and other meetings as needed
Its next meeting its March 16th which I think it might be a date for a retest to 200 daily ma.
Market being in a very stressful environment will need a possible shakeout to reach new all time heights.I do think that we might be headed to 4100+ this year before October! everything is to be seen how things will work out ,will also do a video commentary on this .

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Comments
mbmiller808
This is a cool prediction. I am factoring in a bunch of 1-year profit taking from people that bought cheap SPY during Feb-Apr 2020. Selling at ATH for the discounted tax rate is worthwhile if you expect a large correction.
Henry_Ross
wow, good idea!
Agree
Vibranium_Capital
so in depth, yet so wrong
Time_Oracle
@Vibranium_Capital , not wrong Vibranium the date is 16 March. nice try to prove me wrong 😂
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