cptOats

S & Party Over

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY 50% Crash Looms
  • S&P500 Index is a benchmark for the US and global equity markets
  • Historial 10 Year Bullrun posted 300%+ gains
  • Technicals show top forming since Jan 2018
  • Fundamentals align for recession: US-China Trade war, Gov Bonds rally, USD continues strong, Treasury Yield Inversion, Minimum Unemployment
  • Bears target a 40-60% retracement
  • Bulls look to buy a reversal between 140-180 in 1-2 years
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