The 2008 analogue tape looks very interesting from where we stand.
Let's anchor it to the next two Fed meetings -- since that's all that matters -- and it suggests great things for May, 2023.
| SPX daily with 2008 overlay |
With a final backtest of the old support in August we would then selloff to new lows into October.
| 2008 analogue into Fall 2023 |
Stay frosty. Nuke scare in May? NATO is truly desperate and bankrupt at all levels.
4 comments:
HAS BEEN A FRIEND FOR A LONG TIME YOU HAVEN'T TAKEN ONE, BUT ARE YOU SURE YOU ARE MENTALLY WITHOUT PROBLEMS?
Let me know if you ever resume.
I dunno, brother. We about to dive to 4320?
I might post some stuff here if we confirm this week:
https://unvaccinated.substack.com/
By the way, did you see what 45 did last week?
He bragged that the stock market highs were the financial class cheering his return.
The Bidens then explained that, no, the stock market is their work. They own it.
OK.
They took the bait.
So guess what happens now?
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