AMEX:SPY   SPDR S&P 500 ETF TRUST
On the 4hr and Daily chart we broke and closed below the 200ma. Looking now, more broadly at potential scenarios where we can find long term support for a bounce and recovery.

Aren't you so glad we have Bitcoin that has already experienced this decline, and will be the fist to recover? Like a true hedge to oppression the would?

Are we not more experienced than those in the past? Or must we still succumb to the same fatal flaws our ancestors made before us? Time will tell who prefers the sins of the past, to those who prefer the solace and peace of the infinite tomorrow.

"Don't fix what isn't broken!"

Must we wait for things to go to absolute hell, in order to address them? According to present politicians and world leaders (broken mindsets), yes.

I wonder how many retirements, pensions, portfolios and livelihoods are locked long into SPY? Do you think they will enjoy the ride?
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