SPDR S&P 500 (SPY): So here's my theory... The market ha...

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Wednesday, 01/20/2021 8:50:06 AM

Wednesday, January 20, 2021 8:50:06 AM

So here's my theory... The market has tons of 401krs and such that if the market teeters... Then it runs the risk of making the current economic situation worse... They have no choice but to keep it supported... Even if it seems like a trickle... However that being said.. bear thesis is only chart related... The daily.. the weekly.. and all corresponding shorter time frames have room to run... But that monthly upper bb that we keep bumping our head on is keeping a lid on this... We are currently trading above it... However that's what they call riding the BB... Holding uvxy $12.5c for next Friday... Holding UUP 24.5c for next week as well... yes I am aware of the risk... Gla spy

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