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$SPY #RisingWedge #BreakDOWN #ReTest #Recession

I highlighted the potential topping formation that could for especially if we see a rejection around 598-601 on XMas EVE via #XMasAlert.

This morning I am seeing signs of momentum wearing off PLUS what looks like a #BreakDOWN-ReTEST of a rising wedge look to the , check my TSLA to 420.69 Chart for conceptualization of this break out BELOW;

$TSLA to $420.69 Multi-Resistance Breakout Retest #Go

In my post 2 days ago (tradingview.com/chart/SPY/1R7eMLC2-SPY-HeadNShoulders-XMasAlert-PutsRCheapAgain/) I mentioned Strikes TBD.

Well here are my favorites;

SPY 560P 3.21 (Bigger Risk Reward)

SPY 600P 3.21 (Essentially ATM Short w some Leverage)

-Prophecies

PS;
1) "I LOVE GOLD" - Fat BastarD
2) DONT OVER LOOK GOLD SAFETY HAVEN VIA Headwinds?
3) And Don't Overlook momentum... TO UPSIDE STILL (500Cs will be a play at somepoint this year #StayTuned)