SPDR S&P 500 ETF Stock Discussion

$SPDR S&P 500 ETF (SPY.US)$ So so bullish 😱😱😱

$SPDR S&P 500 ETF (SPY.US)$
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$SPDR S&P 500 ETF (SPY.US)$ ~597, give or take 50 cents, is where price will touch the previous, main support line today. If that acts as resistance, prepare for this to turn red, and fast. 🩸​

Will Jerome Powell come out to spoil the bull party? The market is widely expecting Fed to cut rate by 25 basis points, which is very very likely to happen.
But, with Trump coming back to the office, there are speculations that inflation may tick up. If that happens, Fed has to slow their rate cut campaign. Let’s see if Powell will be hawkish today. Probably unlikely? I mean, would he want to offend the incoming President?
$Tesla (TSLA.US)$ $Super Micro Computer (SMCI.US)$ $Palantir (PLTR.US)$ $NVIDIA (NVDA.US)$ $Meta Platforms (META.US)$ $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $Amazon (AMZN.US)$ $Netflix (NFLX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$

$SPDR S&P 500 ETF (SPY.US)$ 600

$SPDR S&P 500 ETF (SPY.US)$ remember folks, the lunatics say the Trump years of rising markets was because of Obama. And Biden's market was because of Biden. So Trump never did anything good for markets apparently. So why the big jump after election if Trump didn't make markets rise in 2016-20?

$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$  Call me a permabear, call me whatever you want, but both SPY and QQQ are very close to their previous, MAIN ascending support lines of the massive rising wedges, which could now act as resistance. At the same time there is a multi-day rising wedge on the ADD, plus DXY getting closer to its key level around 103.80, where it would be likely to bounce.  Thats confluence. Can I be wrong? Absolutely, but this exuberance will run out eventually. Derpy Trades

$SPDR S&P 500 ETF (SPY.US)$
Made more in 3 days than in 3 years.   You can see the 90% of the stock that hasn't moved in the last 4 years is pumping now.  A real market.