SPDR S&P 500 (SPY)

[Nebuchadnezzar]

sorry, the S&P 500 more than doubled from COVID 19 low of 2191 to over 4500 all because of FED QE and 3-4 stimulus checks.

the BULL RUN cannot continue without FED accommodation. GUESS what, they are out of ammo because any further QE will drive the ten year back to under 1.00% and that is very very bad.

December 2018 was all the information one needed to see how weak this stock market really is without FED accommodation. That Christmas Eve sell off in 2018 was hysterical.

you will see a lot more big draw downs in the future and likely a BULL market top at 4700-5000 at best in 2022, then get the hell out because it will be BRUTAL on the downside

S&P 500 at 5000 will be the ultimate TAKE PROFITS AND RUN SELL SIGNAL, if of course it even gets there.