I SPY another wedgie....

Personally, I think the tariffs are gonna send the country into recession, but you can't deny the accumulation (on SPY and SPX). There's a possibility that the market will totally ignore tariffs and fundamentals in general. If that's the case, and this thing gets pumptarded then it's making an ascending expanding wedgie. Typically they only happen with speculative garbage like crypto stocks (see OSTK in late 2017 for a good example).

If Trump didn't kill the market, it should die anyways, the next time it hits the upper trendline.

We'll see what happens next week, Trump is planning on announcing 25% tariff on all Chinese crap.