SPY H&S is breaking. The market may have just flipped!

H&S Broke it's neckline and the overall $580 Support.

We are seeing this break of support across the QQQ IWM as well.

This is all leading me to believe strongly that we are now in a crash or correction in these markets. I personally sold out of all my TRADES and am HOLDING and DCAing in all my INVESTMENTS.

The difference here is my Trades where to the upside and with the markets telling us where we are most likely heading now I am not staying in trades to find out if it will be for 5% or more to the downside from here as this would lead to all long trades getting pulled to the depths of hell.

There are no certainties, and before, based on what I was seeing, I said I believed we would bounce and hold this area (Which could still be the case), but all reasoning behind that has been ruptured, and I have nothing left to believe in that besides small criteria.

To be a good or profitable trader, you need to be not stubborn, follow a set trading strategy, and be reactive to the markets and what they are telling us—not go against the overall trend! All we have are charts and indicators to help us make our best assumptions of what will happen. More criteria pointing in one direction is the way you have to assume we will go...well we went from pointing up and for an imminent bounce to most criteria pointing down for what will either be one of the biggest fake outs ever's or a correction/ crash in the markets after a massive 2 year bull run. Only time will tell at this point, but I wanted to make this post to inform everyone here about what I personally did and what I'm seeing.

I DID TALK ABOUT A CORRECTION/ CRASH THIS YEAR IN THE MARKETS IN MY 2025 PREVIEW BUT SAID SECOND HALF AND THAT WAS MY BEST GUESS...

As always this is NOT FINANCIAL ADVICE and NEVER WILL BE!

Everyone needs to play their own book and make their own ADULT decisions.