$SPY Uptrend Breakdown... NOW ITS REAL - GUCCI

15 mar

Correction time -10%+ on indicies starting today...

youtube.com/watch?v=z6zSH19e4sk

Posted this line a few weeks ago and it actually held up and led to nice gains if you bought it as support. However, unless a new algo drops before close today, the uptrend is officially BROKE.

Given the angle of incline as well as the length of time it held up, this break will be A LOT UGLIER than the -1% we have today imo. Only bull hope is some weekend news that gaps up back in trend by monday, low odds, think we get bad news soon ...

- Prof

19 mar

Nota

Broke support line, then it acted as resistance, probably short this by EOD 3/19

22 mar

Nota

Sorry for late update, but bull trend line back intact, Hilarious that it gaped up monday as mentioned, and dropped the JPOW algo to get back in trend! HAHA its 2020 pt 2, BUY ALL DIPS till the break is REAL -2% is significant... GLHF

PS a wise man once said...

Hey country, didn't say what you meant
Just changed the brand new funky president
Stock market going up, jobs going down
There ain't no funky job to be found
Tax keeps going up
I changed from a glass, now I drink from a paper cup
Gettin' bad
People, people
We gotta get over before we go under
Listen to me