SPY - RISK OF BEAR MARKET VERY REAL
Trumps tariffs is going to be the catalyst for a bear market that the US needs to have. I'm expecting a 30% - 40% drop at most but don't worry, it will be a good time to buy when the dust settles.
The RSI is painting bearish divergence on monthly. Big sign of drop.
The MACD is curving downwards. Also a big sign that we'll be dropping soon.
Bear cycles typically last only 1 year. But its alright, I'll be there to buy spy when its cheap because I have confidence in the US to produce cool new things and figure out new innovations.
Also intrest rates will drop, money printer go BRRR and dumb money flows back into the space.
The RSI is painting bearish divergence on monthly. Big sign of drop.
The MACD is curving downwards. Also a big sign that we'll be dropping soon.
Bear cycles typically last only 1 year. But its alright, I'll be there to buy spy when its cheap because I have confidence in the US to produce cool new things and figure out new innovations.
Also intrest rates will drop, money printer go BRRR and dumb money flows back into the space.
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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.