Summer Counter-Trend has more room for the upside.
The Monthly Risk Range is at extraordinary risk.
"Others" are getting it all together for the Early Fall Classic.
Extreme patience is required for the SELL, it will continue to develop over time, blink and you'll miss it.
Financial Media continues to caution Bear Market Rally without mentioning the extremes to which they can and have occurred @ 10 - 21%.
This one will fail as well as PE's become even more distended and detached from the collapsing NET's and forward Sales.
Summer has always been the time of year for Wall Street to begin the next Grift, this one is no different.
Cyclically - 8 weeks from the Weekly Pivot for time lined up perfectly within the 112 Week Cycle (111.8) with 2/3 weeks of Wally World left to complete.
$2 Trillion in Pocket lining Stimmy for the "Others" and the Assault Weapons (Rifle) debate on tap. Pelosi (CCP Ladyboy) suggesting a visit to Taiwan is in order... A FED who appears to prefer confusion and delay ahead of the Greater Collapse - all the while destroying the Labor Markets, while Buffet and his ilk prepare for Sharecropping the Sheeple.
56% at minimum will come off the Indices in the first leg lower. It will head far lower over the coming years exceeding the 4-year 90% cycle during the Great Depression, this will be far greater.
Concentrations are trending further towards non-representation of Humanity form every point on the Arrangement Curve.
코멘트
4472.50 would be a 20% RT from the Lows.
코멘트
Low Earnings Yields for the S&P 500 are an important warning sign.
코멘트
Inflation moves Nominal Prices higher for the S&P during normal Cycles.
This Cycle is an Inflationary Depression unseen in prior Cycles.
코멘트
Patience remains the Trade. The ES has successfully tested the 55EMA, it failed in prior attempts. Bull FOMO engaged further on the backtest.
Overbought for now, but possible spike to run stops prior to minor correction.
2022 best look BUlls have had all year, hope they take the bait for the Fall Classic, the Fed Pivot is all the rage for now - the weaker the Economy, the more Bullish for Stonks... ;)