As you might have noticed a majority of the market sediment is bearish looking for a crash. Knowing the "Market Makers" will want to take full advantage of this to steal Everyone money.
I have taken the time to highlight a possible repeating pattern that spy could be running. the idea here is what looks like a complete market short squeeze to trap all the current Bears. Once it hit the top, which normally we would do a slight sideways action before moving to the next leg. The sideways action gets skipped leading right in to what some people will call the CRASH or next leg down. this in turn again will create yet another trap. This time it will be for the Bulls, which will complete the total theft of everyone's money that let emotion cloud their judgement.
The first chart pic is to show you where I got the repeating pattern from and the second chart is a zoomed in look to really see where it could be headed.
SPY
I have taken the time to highlight a possible repeating pattern that spy could be running. the idea here is what looks like a complete market short squeeze to trap all the current Bears. Once it hit the top, which normally we would do a slight sideways action before moving to the next leg. The sideways action gets skipped leading right in to what some people will call the CRASH or next leg down. this in turn again will create yet another trap. This time it will be for the Bulls, which will complete the total theft of everyone's money that let emotion cloud their judgement.
The first chart pic is to show you where I got the repeating pattern from and the second chart is a zoomed in look to really see where it could be headed.
SPY