SPY Predictions
$SPY PREDICTIONS.
1) SPY goes Parabolic shortly after today's shockwave drop.
2) Today's drop ignited the market engine for the meltup phase.
3) MAG7 are compressed and ready. Big guns reloaded. Earnings ready. $AAPL double-bottom, apple vix top.
4) Technicals reset in 1 day. VIX3M:VIX30D, CPC, etc all reset to healthier levels.
5) $700+ on Feb 4, $710+ on Feb 12.
6) Trump stirred up the pot the wrong way, but the strong price flow direction will overcome his negative stir effort. Noise only. Positive news drop is coming. Powell will swing the $VIX Pendulum down.
7) $SPY must recapture the Anchor Core at $679.88 for this positivity to be confirmed. Close at $684+ tomorrow at gap low end is the strongest confirmation.
$VIX structure went in backwardation today, it will resolve quickly. VIX will be crushed AM. But VIX will be dominant Feb to June. A volatile period even as SPY rises. See pic.



Bang on Sir! Thank you so much!
Any other thoughts on GLD?