ericisom887

$600 SPY in 2022 - Bubble Mode

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
The following Model is Based off the .com Bubble price action, candles have been resized to reflect % change in current price levels relating to the SPY.

Start point of the model was determined by when some fund managers speculated the .com bubble was in a bubble when it was just beginning to form. Our current start point is started also based on the same reasoning that some fund managers back in September started thinking we were in a bubble.

Current Bubble Factors:
The average Retail Investor out-performed Hedge Funds This Year
Fed Dropped Interest Rates to the Lowest Rate in History

BACKGROUND:
2 Years before the .com bubble crashed, and 2 years before the 08 bubble crashed, the federal reserve tried to combat these financial bubbles by dramatically increasing interest rates. By lowering these interest rates to so low and promising not to raise them for 2 years, they've basically welcomed a financial bubble with open arms.

Literally, EVERYONE, is trading now. Easy money = Bubble money
Literally, 2.7 trillion done in stimulus deals, more then ever before.

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