TradingView
Monster3091
Apr 8, 2021 3:09 AM

Possible Scenario  Long

AMEX:SPY1W
SPDR S&P 500 ETF TRUSTArca

Description

⋅
I don't see this happening but I like to have two sides of the story, the short which is already posted and this is the long which is this one.

I don't see a reason for it to go up this much but again the money injection that's going on is something else.
Trend Analysis
Comments
hushedDingo72628
⋅
There may be little dips here and there, but this upward trend is gonna continue for another year at least. The only thing that seems insane to me at this point is a fear of heights. SPY will never go back below 400 in the years to come.
CJS04
⋅
@hushedDingo72628 and that’s hysterical right there.
hushedDingo72628
⋅
@CJS04, I wish I could do something besides want to throw up by your homophobia.
zzzikaikazzz
⋅
@hushedDingo72628 if I could, I would insert a really great meme right now!
zzzikaikazzz
⋅
@CJS04 Hysteria is Fun 🤩
zzzikaikazzz
⋅
🤑🤑🤑I’ll take Hysteria for 1500 this week👍🏽🙌
autopilot6236
⋅
@hushedDingo72628, too many people still waiting for the drop. SPY goes up until all bears are out of the market.
The_Bitcoin_Boy
⋅
@hushedDingo72628, you think the most aggressive trendline in S&P history will continue for a year? that would put it at around 500 by year end. Keep dreaming.
hushedDingo72628
⋅
@kwood0319, based on what fed is doing, gov is doing, recovery is doing, etc. What is your reasoning? Sure, maybe we go down a bit here and there, but what do you think is going to change that will change things?
More