Replies to post #200747 on SPDR S&P 500 (SPY)

[temp luvs amy]

No. It won't. Next Down line comes in a bit lower. Here's my chart.

https://dwq4do82y8xi7.cloudfront.net/x/wQ3qaaIZ/

IF S&P gets over 2064 on Monday, I might not go short, but I won't go long until the PE is under 18. That could be months, years, or even decades from now.