Okay, I'm just gonna say it. People have the attention span of gold-fish. We cannot forget the storm that is brewing and the bullshit they're setting up. For starters, don't forget about SBF and FTT. But wait, what was even before that? The Evergrande Situation? And then what about before then/around that time...(See, I'm guilty of it too), but there was there...
Let's face facts here.....options aren't what they were in 2020/2021, and most people likely lost their asses off on options during 2022 with maybe a handful of good plays if you were lucky, but there's a reason why SPY options went from M.W,F to M-F....I'm sure if the market makers could get away with it, they would sell weekend contracts too. That's how much...
Here we go. Here's what I believe to be a solid indicator of what SPY is going to do. These are all previous cycles using the bars pattern and dragged over to our current time.
Hey guys, so my mind is always chaotic, so don't mind all the drawings, but hopefully it will help you visualize what I see... The entire financial system, and I don't just mean the stock market, is all part of a giant super intelligent AI. Imagine all individual financial aspects of the economy, imagine it all on all a switch board with complex circuitry...
SPY is simply following it's cycle. Would the market really pay out all those puts? No way. We're looking at one more run up before a drop on monday. Expect news over the weekend, but I'm extremely bullish on SPY today.