SPDR S&P 500 ETF TRUST

How Many Days Can SPY Stay Above a Trend Line?

373
I think pretty self=explanatory, but essentially signifying we are very much due for a proper dumping based on the cyclical nature of humanity and the clear pattern that forms before a massive drop. The cause is the squeezing of shorts and the attempt of big money to hit stop losses of the shorters.

I used the weekly charts because, of course, as you go farther out, trend lines and patterns become more and more true. The nature of psychological patterns is more apparent and unavoidable, and I think we are on the cusp of what everyone has been predicting: the beginning, or very close to the beginning of the bear market.

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