SPY: Weekly Strength Confirms Bull Cycle, Ignore the Panic

PeterDiCarlo
11-29

$SPDR S&P 500 ETF Trust(SPY)$

SPY weekly BX confirmed an increase this week and we’re looking STRONG. 💪

This is why you need a system, not the fear‑mongering on social.

Monthly BX has been green the entire time — bull cycle still in play.

Every pullback on the weekly while the monthly is expanding has been a dip‑buy opportunity.

I can’t imagine what FinTwit/X will look like in a real recession. 🩸

If we get another 2000/2008 where SPY gets cut 50% and bleeds for 2 years, it’s going to be chaos.

Right now SPY corrects 5% and everyone on X is crying about bubbles and the end of the world.

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