The Depression is now being priced in, the Fed isn't going to mix it
up and reverse course any time soon, if ever.

Planned demolition.

S&P will be cut in One Half, pre-covid lows are on tap this year
and then some.

The FED was quite clear in their FSR they wanted equities 50% lower.

Ignore at your own peril.

For 3 Months we've warned about the SPY Put Ladder for June 17th
Expiry... it does matter.

DAily Extension now 3517...
Chart PatternsESTechnical IndicatorsSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis

Penafian