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domd10
Nov 7, 2020 11:24 AM

2021 Short

SPDR S&P 500 ETF TRUSTArca

Description

A market correction is around the corner. I'm timing only 3 potential outcomes. With a Biden win, I'm leaning towards a euphoric bull market sentiment trapping more bullish traders. Patterns indicate that this sentiment will drastically change in the next 1-3 months.

Trade active

Based on what I've seen thus far I'm currently leaning towards another ATH or even two ATH and a large correction starting around Dec 4th-8th 2020.

Comment

Be vigilant here. I expect more upside and foresee Jan 21st or earlier as the top of the market.

Comment

Playing out as planned. Be very careful here. Market will start its descend before Feb 8th. If you're long, hedge your positions.
Comments
MacBull1557
Hi, I like your chart on SPY, I do have question about the middle possibly , why is it there, we will more extended and no more earning to bosst the market, with cov on the rise and trump contesting seemingly, whats your view on the 2nd one
domd10
@MacBull1557, I try not to predict or question fundamentals. I see a large potential correction before Dec 4th.
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