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jarsonintlrec
Aug 9, 2022 6:00 PM

MARKET OUTLOOK 2022 Short

SPDR S&P 500 ETF TRUSTArca

Description

It's just an idea for the long term. Let's see if it plays out.

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So far, on schedule. It's just riding this rising wedge, trapping calls at the top each time. If I had to make a guess, we only see 435 max. Then it's pain time

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Definitely willing to give this idea up after 435. But until then, it's still in play in my mind.

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Small pullback. Let's see if it continues. Possible head and shoulders forming

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hehehe

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back to anxiety? Or meme around near complacency? My guess: anxiety

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Big possibility of a retrace back to $430 to trap bears. Then we trap bulls at the top again and finally go under

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Just meme'ing the cloud, brah

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still goin'

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Crazy
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