BATS:SPY   SPDR S&P 500 ETF TRUST
The economy is “booming” yet unemployment and living costs have significantly risen. How long will the big 7 carry us until we see the turnaround into a bear market that has been in my sight since November 23’? It will reach for 430 levels within the next few months based on technical analysis. This retracement may take longer than a few months, depending on election factors that cannot be determined or factored into the equation at the moment. I am taking a bearish/consolidated outlook for the next few months as we cannot continue to ignore these highlighted historical indications. Enjoy the spike while it lasts, I intend to diversify into other foreign markets of sustainability at this time.
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