Worst Case Scenario for $SPY

Scenario #1 2018 drops we get the same drop like we did in 2018, 20% down move from top of spy.
due to trade war and rising rates
We had set up a double bottom move to trap all the bulls and flushed 20% with no relief rally at all.


Scenario #2 we have so much fear in the market that we sell and broke thru all support levels very fast until the fed steps in.
We flushed hard for 3 straight days and got a small relief rally to close positon.