Strong Sell SPY by Sep 30, 2025.

SPY’s been ripping lately from its lows on “trade deals” and general hopium. Latest one? UK. media made it seem like a big deal, but that’s not moving markets. Plus, that's an ally. Easier to get a trade deal done there than with other trading partners. China is the main one that matters. And I don't think we’re anywhere close. Markets have been pumping on this weekend's meeting with China, and this is how I think the news will go …