SPY Heading down. Massive correction incoming.
I am not a financial analyst and these are just personal speculations.
SPY is heading towards a massive multi-year correction in that will see a temporary bottom in 2024 before finishing in 2030. Advise is to be careful and limit long-side exposure.
I would consider going into long dated call credit spreads at this point here.
SPY is heading towards a massive multi-year correction in that will see a temporary bottom in 2024 before finishing in 2030. Advise is to be careful and limit long-side exposure.
I would consider going into long dated call credit spreads at this point here.
Kommentar:
Yes I am predicting 10 years out - As innovation starts replacing elements in the SPY it will take years - while SPY heads down. I am not calling for a market crash - I am simply saying that the underlying dominance of FAANG is going to be disrupted throughout this time period as well as other traditional elements.
Trade wurde manuell geschlossen