Turmoil is already priced in! Resistance is Futile!
Shocking, I know! Thankfully, I've figured things out for all of us in the nick of time.
Sitting around this evening, while smoking copious amounts of cannabis I suddenly grew exceedingly uneasy about the uncertain future of our economic state. Well, after a few more rips of the pipe, consoling with my tarot cards, and just the right amount of personal bias, I have it all figured out!
To help validate my position, I've drawn this chart with beautifully colorful lines , creating indicators that show just how right I am.
it became so evident when I put all the pieces together. Whatever the Fed, the Treasury and all the banks have planned up their sleeve with their magic money printer, it will remain unclear.
Logically, one would think the next few weeks will be rampant with deep red candles. Everyone shorting even the most promising companies. Massive selloffs across Global Markets. Quickly sending our once great nation into a turbulent state of unrest, the likes of which we have never seen! Something akin to Steinbeck's 'Grapes of Wrath'
And it all starts with this seemingly simple trade idea.
SPY to 185, by the end of June if not sooner. But, naturally, there will be deep squeezes occurring roughly every 10days or so along the way. This is to ensure that absolutely anyone actively trading gets rekt either way you play it.
My only advice at this point would be to short the hell out of $SPY and simply head for higher ground (#notfinancialadvice)
Be careful out there. Before things get better, they're going to get worse. and before that, possibly even worse-er
Thanks for checking out my idea, and God Bless
Shocking, I know! Thankfully, I've figured things out for all of us in the nick of time.
Sitting around this evening, while smoking copious amounts of cannabis I suddenly grew exceedingly uneasy about the uncertain future of our economic state. Well, after a few more rips of the pipe, consoling with my tarot cards, and just the right amount of personal bias, I have it all figured out!
To help validate my position, I've drawn this chart with beautifully colorful lines , creating indicators that show just how right I am.
it became so evident when I put all the pieces together. Whatever the Fed, the Treasury and all the banks have planned up their sleeve with their magic money printer, it will remain unclear.
Logically, one would think the next few weeks will be rampant with deep red candles. Everyone shorting even the most promising companies. Massive selloffs across Global Markets. Quickly sending our once great nation into a turbulent state of unrest, the likes of which we have never seen! Something akin to Steinbeck's 'Grapes of Wrath'
And it all starts with this seemingly simple trade idea.
SPY to 185, by the end of June if not sooner. But, naturally, there will be deep squeezes occurring roughly every 10days or so along the way. This is to ensure that absolutely anyone actively trading gets rekt either way you play it.
My only advice at this point would be to short the hell out of $SPY and simply head for higher ground (#notfinancialadvice)
Be careful out there. Before things get better, they're going to get worse. and before that, possibly even worse-er
Thanks for checking out my idea, and God Bless
Trade active:
Also, disclosure, I've been known to be completely wrong before so feel free to inverse this idea, or any other moves I make.
Trade active:
This is why I added the last disclaimer, those would've inverse'd my prediction would be sitting pretty right now! LoL!
Perhaps the Recession is cancelled? Perhaps this last week was a manipulated build up of market confidence, in preparation for a sharp correction?? Fundamentals seem to be going out the window more everyday!
Watch for support/resistance- hedge your bets accordingly!
Wash your hands, & happy trading!
Perhaps the Recession is cancelled? Perhaps this last week was a manipulated build up of market confidence, in preparation for a sharp correction?? Fundamentals seem to be going out the window more everyday!
Watch for support/resistance- hedge your bets accordingly!
Wash your hands, & happy trading!