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$S&P 500 Index (.SPX.US)$$SPDR S&P 500 ETF (SPY.US)$  Reason...

$S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ Reasons to be bearish over the next few years.
If we draw a trendline from October 2007 and connect it to December 2021, we can clearly see that the market has been forming a rising wedge right up into that MAIN resistance. As I have shared before, if the giant cup and handle pattern plays out then the market will likely see ~6160 on SPX, maybe touch 6200 in a blowoff, but if that resistance line holds we will see a massive rejection.
I have shared the massive rising wedge pattern target on my channel numerous times, but it is quite possible it will kick off the next major bear market and go significantly lower. Derpy Trades
$S&P 500 Index (.SPX.US)$$SPDR S&P 500 ETF (SPY.US)$  Reasons to be bearish over the next few years. If we draw a trendline from October 2007 and connect it to ...
$S&P 500 Index (.SPX.US)$$SPDR S&P 500 ETF (SPY.US)$  Reasons to be bearish over the next few years. If we draw a trendline from October 2007 and connect it to ...
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    Just a dude highly interested in the financial markets who wants to share helpful info along the journey.
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