SPY & QQQ; Quick Macro Overlook

Just a very, very quick analytical overview to give investors a downside oriented view on the situation surrounding the major ETFs, with a very brief explanation of why this could be a very scary crash, if one occurs. While there are support lines at -30% & -50%, these support lines came from massive Federal government spending. If a crash happens, and the Federal government is prevented from serving as a backstop for the market, then the crash could be even worse as support lines rely on a rapidly de-leveraged investor pool, all at the glory and might of market makers utilizing dark pool and High frequency trading to force the price to extremes that benefit them.

The crisis is of confidence.
Any attempts towards financial conservativity and austerity are major setbacks towards expansive growth.
Even a limited growth model by handicapped federal budgets could become a major financial disturbance for nothing more than just the missing touch of massive federal stimulus thru QE and COVID grants.
However, if fiscal policy is not careful, the crisis of confidence could err to the side of Icarus as investors chose to embrace a hyperinflationary buy and hold stance on the entire stock market.