SPY The last prolonged shutdown coincided with a market bottom, however this time the setup on yields and S&P futures looks more similar to the COVID crash. tradingview.com/x/1OrIVr9u/
1. there is 2.5%, 5% 10% and 15% sell offs. there is also deep dives recession like at 30%+
2. we currently are headed for a 10% sell off that will start around oct 14 with spy around 682-688 (I know this because hamster, crystal ball and the happy ending masseuse told me so)
3. it will be sharp with the bottom being set around nov 7th then a run into Christmas
4. market will top next year before may around 720-730 two full cycles in mathematics and monthly grade resistance is up there should be followed by a prolonged and 15%+ drop (id exit all longs at that number)
5. go long. buy za drops n dips until we at 720.
cpi likley to be the cause of the oct crash esp since powell kept saying “inflation is going up” over n over again.
SPY Too much silence in here Some daytrading bears got a win, and the bear swingers got happy. SMH. All good. Carry on the pretending like Mispell who claimed she made 16x on her PUTs today. Ya'll getting deceived by the bears. The charts show all bears died.
as soon as i wrote this i heard voice shouting out 'but, but, i got 3mths expiry'.
Ok guys. I'll just have to believe the mon,tues,wed,thur bears won. The only doubtful one is todays bears. But i have doubt on the ones who bought straight after open. I think theta got them.
But still record breaker Mispell left you in the dust making 16x on her PUTs.
SPY Flat for the weekend. Looks like down to 667.60 but whatever it is on Monday, I'll work with it then. Mr. Market is not happy with the children in congress.