After looking at some candle formations and option calls I saw something that prelude me to how I should play SPY. I see the market reclaiming the last high it made and then dumping right at the time quad witching hits Mar. 18th. After that I think it goes to break the $500 Price Target after April 8th. Everything should run strong gaining 5% a month until end of year. Where I beleive it his its first real low that closes lower than its last previous high. Once this happens we have a year of consolidation or price moving as it should...but by the following Jan it will take a dip either to the same place it will take a dip to in Jan 2023 or 16% lower than where it is when Jan 2024 hits.
I will try and update where i think it would reach and dip by then.
by iCantw84it
02/22/2022