Hi all,
Haven't posted in quite a while. Reason being that I'm doing this for free and the market was not showing any more bullish promises.
So here we are. High inflation rates, gas price exploding, Ukraine war. Not many positive news.
I'm bearish now. And have been since my last post in late November, early December 2021.
I own lots of SQQQ calls for Jan 2023 (+190%), some Suncor (+20%) and the rest is in cash. Wait and see.
Now on SPY:
Bearish head'n shoulder was confirmed this week.
-13% is the current target profit target. Should see at least 371$.
Death cross showing (circled in blue). Announces a bearish market period.
Target price 1 = 371$
Target price 2 = 350's
Target price 3 = 340's
Target price 4 = 320's
Hope I'm wrong.
Stay humble, Have fun, Make money.
Haven't posted in quite a while. Reason being that I'm doing this for free and the market was not showing any more bullish promises.
So here we are. High inflation rates, gas price exploding, Ukraine war. Not many positive news.
I'm bearish now. And have been since my last post in late November, early December 2021.
I own lots of SQQQ calls for Jan 2023 (+190%), some Suncor (+20%) and the rest is in cash. Wait and see.
Now on SPY:
Bearish head'n shoulder was confirmed this week.
-13% is the current target profit target. Should see at least 371$.
Death cross showing (circled in blue). Announces a bearish market period.
Target price 1 = 371$
Target price 2 = 350's
Target price 3 = 340's
Target price 4 = 320's
Hope I'm wrong.
Stay humble, Have fun, Make money.
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