SPY January prediction

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Here’s to a new year of trading we’ve all heard if you made through 2022 you can make through anything, yeah right. The most important thing is risk management stepping back and remember that we can have everything go right and still lose money. So with that said I’m expecting some a short covering squeeze in the first week of trading followed by a risk off month heading into the FED meeting in February. I can’t see us breaking 400 but I can see us heading for 360. We have earnings starting in a couple weeks Q4 numbers are going to lead into some confusion, is the company saving money by laying people off, is inflation the reason profit are higher, so if inflation goes down so does profits. So I think it will be the year of confusion not knowing what to do with the data coming out since everything about this market correction/crash is new and different so many firsts for 2022. I’m ready to trade again it was nice to take December off I highly recommend taking a break it really helps mentally. HAPPY NEW YEAR TradingView family best of luck and a prosperous year
As always trade what’s in front of you good luck

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