Will SPY continue rising? Yes of course it will and you should never short this beast unless you understand the risk.
The trend is your friend and you should embrace this strong bull run. However, set your stop losses as volatility and greed grow. I’m expecting a substantial correction at the end of this rally. It looks completely healthy for a drop before we continue onwards.
I could be completely wrong as I’m uncertain if exponential growth is healthy or not. I’m open to discussion in the comments!
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