Long Term Market Analysis: Post Election and Massive Head and Shoulders $SPY

Long Term Market Analysis: Post Election and Massive Head and Shoulders $SPY

The price target is really about the height of the neck to shoulders below the neckline. We are look at a case where capital markets really collapse. The business cycle in that case can be so massive that likely a lot of us will not be gainfully employed This might be a good opportunity to buy, but many would look at past history and aim for the neckline to get invested. If the head and shoulders scenario happens, they are still looking for a further 50% downside. Now if it does recover, how long do you think it takes to recover when such a large portion gets wiped off from the capital markets? Your REITs will lose tenants, you cell users will be force to downgrade their plans, and all business will struggle since we are so export oriented.

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