The Walking Path for SPY

Here is what I see as a potential price path for SPY. We will hit the retrace, bounce up, then down again, and then the FED will come up with some other scheme to save the market, blast off to that 390+ area, and then finally, when they are all out of options and have to increase rates, head down from there throughout the year.

Funny how the lower unemployment goes, the lower the market runs.

Just one man's opinion.