SPY 2020 Outlook - (so far as of May)

Disclaimer: I provide no financial advise by publishing this chart.

Overall, I think 2020 will end in red.

Sorry for the text boxes if they intercept, I have a big screen. Just try to zoom in until it make sense :)

Yorum:

UPDATE: May 26, 2020 @ 8:06 AM

With today's gap to 302, SPY might be hitting 314 earlier than expected. I was expecting 314 by mid June, I guess market is too optimistic.

I am still going by the chart above, only a little more contracted.