SPY to 440 Is not that hard to believe.
Right now it seems impossible. 440? We are going to 420! The Bears are strong and have ravaged the carcass of the market.
Now is not the time to pile in on shorts in hope that more downside is yet to come. Now is not the time to feel that you missed the boat and to go all-in on the downside.
Now is when gamblers and folks on wallstreetbets pour on the puts.
A dead-cat to 440 would be a great way to shake them out and give bears a better entry to bring on the pain.
Just my opinion.
Now is not the time to pile in on shorts in hope that more downside is yet to come. Now is not the time to feel that you missed the boat and to go all-in on the downside.
Now is when gamblers and folks on wallstreetbets pour on the puts.
A dead-cat to 440 would be a great way to shake them out and give bears a better entry to bring on the pain.
Just my opinion.
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