Pillsbury1111

SPY Crash in January 2021. SPY PEAK 380

Short
Pillsbury1111 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
More lockdowns, contested elections, eviction, and real estate crisis, closure of necessary institutions. Markets overvalued based on pe ration, current pe ratio, q factor, ev to ebidta, ev to sales. There is also an Indirect correlation of fed balance sheet to M2 over the last 15 years.
Comment:
Fib time zones were used to determine areas of possible peaks and downfalls
Comment:
"Those who cannot learn from the past are doomed to repeat it" -George Santyana
Comment:
"Even after the unemployment rate goes down and there's a vaccine, there's going to be a substantial group of workers who are going to need support as they're finding their way in the post-pandemic economy, because it's going to be different in some fundamental ways," Jerome Powell

"We're recovering, but to a different economy," Jerome Powell
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