SPY non technical but…the older folks who only check their acct every so often or the folks who only do 401k and rarely follow…they probably didn’t sell the last two days and will probably get a glimpse of their account this weekend with everyone talking about recession..andddd dump Monday? I mean it’s not bonds are safe havens for them.SPDR S&P500 ETF TRUST S&P 500 ETF USD DIS forum
SPY non technical but…the older folks who only check their acct every so often or the folks who only do 401k and rarely follow…they probably didn’t sell the last two days and will probably get a glimpse of their account this weekend with everyone talking about recession..andddd dump Monday? I mean it’s not bonds are safe havens for them.
SPY no but really monday opening should be $512-$514
SPY Looks like we're approaching sell territory on the monthly chart.
SPY all time highs should be next week for sure
SPY the best comment i seen so far today x.com/tradingview/status/1908244139306602909
Price has reached a macro support zone where at least a more prolonged bounce can be expected:
tradingview.com/x/WtUqYR3I/
Given the abrupt nature of this week’s decline, the odds are increasingly pointing to a major market top being in place—potentially marking the end of the bull run from the 2009 lows.
However, as long as price remains above 485 (0.618% ext. of wave (1)-(2)), a final macro wave up toward 660–700+ cannot be fully ruled out.
📌 See related SPY idea from December 2023:
Idea: SPY/S&P500: in the mid-term re…
tradingview.com/x/WtUqYR3I/
Given the abrupt nature of this week’s decline, the odds are increasingly pointing to a major market top being in place—potentially marking the end of the bull run from the 2009 lows.
However, as long as price remains above 485 (0.618% ext. of wave (1)-(2)), a final macro wave up toward 660–700+ cannot be fully ruled out.
📌 See related SPY idea from December 2023:
Idea: SPY/S&P500: in the mid-term re…
SPY mark my words.!SPY next week will be biggest bounce back in history!!!
SPY Everyone should remember that euphoria and overconfidence are the emotions associated with the last phase of a market cycle. We’ll see where this ends up on Monday. Big swings the rest of this year.