This will be the last rally SPY.

6월 1일

SPY holding that 520 like god. They gonna rally test highs 533 it past that then we go 550 maybe. After that we should head down this time longer deeper. watch daily stoch turn up see how far it goes before turning. Why sell off
1. Rates are going higher u hear Bernstein saying inflation down 60% and 2% looks good target. WTF that why I play charts
2. Banks baby in trouble especially regionals other banks will fall also why debt man banks broke why they rally stock buy backs u understand that correct not productivity money to buy OWN shares back
3. Housing look XHB PHM housing about drop
4. IWM IWM has not yet and will not get to old highs that is bad bad.
5 breadth in market terrible
6 Watch fund managers sell into this rally get clients out.
so lets see next week we have SMH QQQ selling off to why inflation high rates
1 more high rates why banks dropping defaults not lending Jamie diamond announce no stock buy back may 23 look we dropped hard no stock buy back to expensive. National debt crazy. Lets see how next week goes. I am long SPXL 127.85
Thanks taking time read. Comments welcome.