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SPDR S&P 500 ETF TRUST
Short

2021

By domd10
Updated
A market correction is around the corner. I'm timing only 3 potential outcomes. With a Biden win, I'm leaning towards a euphoric bull market sentiment trapping more bullish traders. Patterns indicate that this sentiment will drastically change in the next 1-3 months.
Trade active
Based on what I've seen thus far I'm currently leaning towards another ATH or even two ATH and a large correction starting around Dec 4th-8th 2020.
Comment
Be vigilant here. I expect more upside and foresee Jan 21st or earlier as the top of the market.
Comment
Playing out as planned. Be very careful here. Market will start its descend before Feb 8th. If you're long, hedge your positions.
GannTechnical IndicatorsmarketSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis

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