calmstrades

$SPY HyperInflation returns

Long
calmstrades Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY return of hyper inflation will we see SPY my high target of $640.30 or will it die off around $540.70 give or take after we reach those highs we will see pullback back down to $395 if buyers fail to step up to show support we'll be testing 2008 lows back around $285 eventually down to $200 then $86 then $24 (WW3 scenario / end of world scenario/ near default)

As bears we've done our job to short squeeze it to highs as news hit about Trump wall st bought up the rumors let's see how long we'll extend the rally.

Thinking we got a bit more to go before we short completely after the rate cuts come around fall time you'll see a mass sell off as banks shut down.
Trade active:
So far so good conformation would continue at 480 levels.

One small act of kindness creates and endless ripple. Be Kind.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.