Possibly 20-25% correction followed by big rally, then the bear

SPDR S&P 500 ETF TRUST (AMEX:SPY)

Updated

AMEX:SPY SPDR S&P 500 ETF TRUST

beyondta

We might get a 20-25% correction starting next week, not exactly sure what the catalyst will be other than 10Y yield, DXY, and overleveraging. If this does happen, a great target to buy is the 200D MA around 300 in a few weeks. I'd expect one more big rally as Jerome and Janet go full BRRR, then deflation at the end of the year after we get back to normal with some inflation. Buckle up

Comment:

also a good chance we simply bounce off the megaphone like in 1999. This is very much a repeat of the dotcom bubble. The bigger the correction, the bigger the rally when it bottoms

Comment:

looking like correction should start early next week. DXY and 10Y rallying

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