Replies to post #297774 on SPDR S&P 500 (SPY)

[Nebuchadnezzar]

2650-2630 IS LINE IN THE SAND FOR S&P 500 and it can get there rather easily if the corona virus gets worse or if Bernie wins South Carolina.

https://www.finviz.com/quote.ashx?t=SPY&ty=c&ta=0&p=m

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153955961

https://www.worldometers.info/coronavirus/

**interestingly enough, the volume we saw this week albeit was higher than average (ferocious) as deemed by the talking heads in media, it was nothing compared to the Financial Crisis and 2015 had even wilder monthly volume than February 2020 So that could mean one of two things, this is way over done already or we aint seen nothing yet, translation--this week was not even close to "PANIC"

also the money lost this week on paper was higher compared to other corrections/sell offs due to EUPHORICALLY HIGH STOCK PRICES. $4,000,000,000,000 in market cap vaporized and it will not be a V-shape recovery

im just waiting for WHO to let loose the word PANDEMIC, then we retest 2018 December 24th LOWS imo

-Neb

[Dr Jerry]

Net thanks for the updated chart

As ad into dangerous uncharted waters next week, remember that 03/24 is a major Bradley turn date and the spring equinox plus or minus 48 hours which usually caters in a new trend change.

As it would appear the bear flag has been raised, fundamentals due to Bernie and Covid 19 and the polls favoring a democratic sweep in November all bode badly.

Lets enjoy the small wave up bounce and position thyself for the ride downward.

Not even J Powell can stem what's coming next

[nowwhat2]

Hey !.....That closing market up-spike shot up thru 293
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154067646








Ramifications = nowwhat

[NetNeutral]

Alrighty then, Sold our 310 3/4 calls at 3.25, 2.25 gain, Holding our 315 3/6 calls into 2morow, maybe Wed morning!

[NetNeutral]

Bear-Flag 4cast is still in tact, the 293.54 thingy continues to provide support on a CLOSE-ing basis!

Looks like a great setup for Spy to move back up to the Top of the Flag and keep playing between 300/330??

Good trades ALL...