SPX MARKET TOP: REACHING AN END OF A 40-YEAR CYCLE
Updated
The 40+ years bull cycle that began after the delinking of USD and gold standard is coming to an end.
We are most likely at the final topping stage. Expecting peak around 5300 in the SPX within 3-6 months.
Volume has shown a negative divergence vs SPX index since the Great Financial Crisis.
US10Y interest rates forming inverted head and shoulder.
Another 10-15% gain to peak?
Other indicators:
Inflation and rising energy prices - final stage of market top
Fed selling shares to avoid conflict of interest signals final stage. This way they can claim later that they did avoid conflict of interest since market has risen a lot more after they sold.
Elon Musk using a Twitter poll and the excuse of paying taxes to exit some shares without causing panic
Warren Buffet sitting on record pile of cash waiting for better value for acquisition
We are most likely at the final topping stage. Expecting peak around 5300 in the SPX within 3-6 months.
Volume has shown a negative divergence vs SPX index since the Great Financial Crisis.
US10Y interest rates forming inverted head and shoulder.
Another 10-15% gain to peak?
Other indicators:
Inflation and rising energy prices - final stage of market top
Fed selling shares to avoid conflict of interest signals final stage. This way they can claim later that they did avoid conflict of interest since market has risen a lot more after they sold.
Elon Musk using a Twitter poll and the excuse of paying taxes to exit some shares without causing panic
Warren Buffet sitting on record pile of cash waiting for better value for acquisition
Note
US10Y has broken out of its inverse head and shoulders pattern and may breached 2% soon. SPX*US10Y indicator has breached and stayed above first red line. Market top is near.
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