S&P 500
Panjang

Judgement Week for $SPX $SPY is Upon Us

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Really not sure what to expect, but the level of bearishness combined with a few gigantic stock splits (AMZN splits Monday 6/6, GOOGL 7/15, and SHOP 6/22) could propel the marketing into the 4400 range. I believe that would be the MAXIMUM pain for bears, then continue down.

Reasons for my bullish short tern outlook.

1. AMZN stock spilt on 6/6
2. Incredible amount of PUTS across the bored leading to a sense of over hedging
3. TTM Squeeze on SPX daily looks primed to rip towards the upside
4. WeBull comments section is super bearish. lol

Penafian

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