$SPY Update with a Monthly View

So far my theory that I originally published is holding TRUE.

We are still on trend to falling 60% within a year. I see strong support at 1800...

If for some reason, due to the uncertainties of how these global lock downs will effect the globe as a whole, its possible we can tumble further down from that to maybe 1600, i see that unlikely however. I think 1800 is all anyone would allow, Bulls and Bears alike.

I will post a daily view for all of you to observe on your own as well.

Lets see how this plays out.

please like if you agree on the 60% (or about) falling trend. Comment if you don't.