$SPY - END OF BULL RUN? FIRST TARGET $324 $SPX
Pumping of dollar into the market is done and right now THE MARKET IS INSANE and TIP OF ICEBERG.
This time, it is beyond 2008 crash where the market has to correct more than 70% by end of 2021 - 2022.
After the major dip $324, market will bounce back near to ALL TIME HIGH where the newbies, investors, traders etc will try to catch the falling knife where the market enters into COMPLACENCY phase and then market takes a DEEP CUT.
There are a lot of reasons for this MAJOR & DEEP correction.
Good Luck.
This time, it is beyond 2008 crash where the market has to correct more than 70% by end of 2021 - 2022.
After the major dip $324, market will bounce back near to ALL TIME HIGH where the newbies, investors, traders etc will try to catch the falling knife where the market enters into COMPLACENCY phase and then market takes a DEEP CUT.
There are a lot of reasons for this MAJOR & DEEP correction.
Good Luck.
Comment:
First retest is $28k & possible of bounce to $35k+