SPY is about to complete its blow-off top

Güncellendi
The current atmosphere is of extreme fear. However VIX has not spiked as much as anticipated and a significant amount of assets are either completely oversold or seemingly getting ready to short squeeze (see GME, DJT, BTC). Looking at the chart, the top also seems incomplete. US elections are forthcoming, and global M2 supply is rising. I cannot currently see the bear case yet, but with the amount of shorts and puts that have accumulated in a panic-driven fashion during last week any upside move would lead to immediate and violent upside continuation.

Extreme R:R for those who dare.

Disclaimer: This idea is not intended as investment advice and should not be interpreted as an offer to sell or a recommendation to purchase any asset. Any decisions made based on the information presented in this idea are the sole responsibility of the individual. All investment decisions should be made independently, taking into account your financial situation and objectives.
Not
Looking good.
Not
On track.
Not
Look at that daily candle. Jesus christ.
Not
🐎
İşlem elle kapatılmış
Closed out due to lack of confidence for now
Chart PatternsshortsqueezeS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) StocksTrend Analysis

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