The supertrend is now the watch. $200 SPY
The Federal Reserve directly monetized $108 BILLION in the stock market and really did not stop this trendline wedge.
If they want to have a stock market in 4 months they need to print BIGGER. They have to break this trendline with a Tranche in the TRILLIONS. Shorts must be punished.
Either that or a collapsed economy for potentially the next decade after COVID runs its course over the next 16 months.
The Federal Reserve directly monetized $108 BILLION in the stock market and really did not stop this trendline wedge.
If they want to have a stock market in 4 months they need to print BIGGER. They have to break this trendline with a Tranche in the TRILLIONS. Shorts must be punished.
Either that or a collapsed economy for potentially the next decade after COVID runs its course over the next 16 months.