Replies to post #368480 on SPDR S&P 500 (SPY)

[nowwhat2]

Million Dollar Question - ha - Nice

Status = Super Tense

But I would say yeah (SPY drops back)

It exceeded The Upper Range (410) and it hasn't yet fully factored in Bitcoin nor China so.....

SPY seems likely to succumb to the lure of its' 400 BUT......

BUT that outlook could chill if Bitcoin (Risk-ON) starts to kick in !

Status = (Too) Tense and Dicey........for one to determine w 100 percent dertaintly

Therefore will strive to just simply assign odds - 52 / 48 (52 being down)

Mt bias is down by slim margin.....Depends on BTC as mentioned

What's your outlook? Rug Pull ?


January 12th