I SPY the start of a sinking ship - SPY 143

29 Agu 2022

The market is rigged in a sense that you're always getting information too late. You (the individual) will struggle to compete against billion dollar companies with an unlimited research budget. However, trading trends sometimes gives a clear picture into the future. When trading with trends, it's extremely important to trust your lines and watch for those exit points when the trend does break. When trading trends, it's possible for all parties involved to make a lot of money. Some people just have to hold the bag a little longer.

This price movement coupled with a pump in the MEME stocks could spell one big margin call.

9 Sep 2022

Catatan

Price action just hit a bearish trend and bounced down, I'd be very careful at these levels.

11 Mar 2023

Catatan

I believe we should be hitting the "economic blame on biden" part of this chart soon as we roll into the election cycle.

12 Apr 2023

Catatan

Look out, next two weeks could literally drop SPY to 340 if it can't hold these levels and continue to push.