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Here Is The Worst Case Scenario For The S&P

As the stock market bounces sharply over the last few days, many investors are wondering if the worst is over. The answer is likely no. This bounce is based on massive money printing as well as the hope that Trump can somehow open the economy in 14 days. That will not happen. Cases may not even have peaked in 14 days, let alone started to go lower. In fact, experts expect there to be as much of a year of social distancing required, perhaps more.

There is a worst case scenario for the S&P and investors should pay attention. The government can only print so much money and send so much in stimulus checks before it becomes insolvent. The Federal Reserve is in the same boat. The longer business suffers, the more likely corporate debt creates a major credit crisis. In fact, the Federal Reserve has already been putting out fires everywhere in the credit markets. The system has so much debt in it, from individual to corporations, all the way to governments, it may totally collapse in  the worst case scenario for the S&P.

If this happens, at a minimum the S&P (SPY) will trade down to its 2007 highs. This 2007 high was a double top from the 2000 high. Resistance (double top) now becomes epic support. The price point at this key level is $155.00 on the SPY (tracking ETF for the S&P). That means from the current level, there is as much as another 47% downside in the market.

However, there is AMAZING news. Swing traders like us will make fortunes during the ups/downs of these moves. Just like I made a killing over the last month, there will be at least a year of insanity to bank millions on. The key is to be nimble, quick and buy key levels, and sell into resistance. Learn and profit. That is the way to turn this epic collapse into a defining moment in your financial career.

A net gain of 651% in 2020 is a reality for members of Verified Investing Alerts. For investors who are sick of losing money as the markets collapse due to the COVID-19, this is the key. Swing trading off technical levels allows smart investors to jump in at key levels and out for 10%+ gains in days. Master Trader Gareth Soloway has guided his members, actively swing trading stocks using key technical levels to multiple profits of 10% almost every day. With the action these days, members get multiple trades a day. See the VERIFIED track record HERE (scroll down on the page). Members get exact entry prices, stops, targets and daily videos that analyze the market, stock and current positions. The second Master Trader Gareth Soloway buys/sells a stock, members get a text/email alert to get them in/out of the trade in seconds. Join today and profit for life!