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SPXU

S&P 500: #stockmarketcrashAnother crash is coming. The bottom is not in yet. We will likely see a test of the lows in the next two weeks and the a much larger counter trend rally that could go into July. However, if we drop below the 2000 area on SPX with the next wave of selling the door is open for a bigger drop right here and now. My guess is that we get a tradable bottom in the next couple weeks after moving to then 2100-2150 area. Then a bigger rally towards 3000-3100. Follow by a final leg down towards the 1650-1800 by October 2020. I think that could conclude the bear market. See the video on this at thechartpatterntrader.com
SP:SPXShort
by The_Chart_Pattern_Trader
look with new lens I think we are at the point where there could be a rapid change in sentiment based on the viruses progress, global tensions, oil price war, etc. If there is no "event" to push the market down rapidly, I believe the return to "normal" will be slower than anticipated for many people. The virus obviously has had, and continues to have, major effects on every industry/sector. lines on chart are levels of interest/loose trends based on blue = 3M purple = 1M grey = 1W I think we may reach 2300-2400 before the end of the month and then head to retest the previous lows.
SP:SPXShort
by machinelearnt
SPY Short - What to Expect in The Bear MarketThe USA is going to see an extremely high death toll in the month of April, and it will solidify the bear market as American consumerism grinds to a halt - and will be expected to remain there for some time. Fundamentally speaking, stocks are still overpriced. Allocators have been having a wonderful time scooping up the scraps and will gladly continue to do so more when prices drop even further. This is reflected on the technical side as well. Stimulus.. USA Needs about $10-50 Trillion more over the next few months/years to cope. America will reach new heights in 2020 - Unemployment, debt, death. Look to take short profits when spy hits $200ish. Stay safe ~ -Fishy
AMEX:SPYShort
by FishyTrades
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