best scenario: SPY has bottomed
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FA: Don't fight the fed. The 2022 midterm elections is just around the corner. Now is the best time for Fed and wall street to save the stock market from crash.
TA: SPY has reached around 380 as we predicted before. The next step is surely to see if there is a strong bounce. After I checked the crash pattern and SPY price deviation in history, I have a hunch that SPY has bottomed. The best scenario I can see is that SPY can reach new all-time high in the middle of September, 2022. Please refer to the yellow bar patterns.
TA: SPY has reached around 380 as we predicted before. The next step is surely to see if there is a strong bounce. After I checked the crash pattern and SPY price deviation in history, I have a hunch that SPY has bottomed. The best scenario I can see is that SPY can reach new all-time high in the middle of September, 2022. Please refer to the yellow bar patterns.
Ghi chú
Previous scenario has become invalid. Lower low is coming. Will update after market closes.
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