Elliott Wave theory is my guide here in this analysis
The fundamentals are in support: Bottom of a Bond bear market- Check Entrenched inflation- Check S&P gains driven by a few stocks- Check Commercial Real Estate crashing- Check M2 money supply decreasing- Check Fed Funds rate elevated- check Interest rates elevated- check Bank shenanigans (SVP, FRB, etc)- check Still dont know the true value of the derivatives market- check
I could keep going but you've probably already made up your mind at this point if you agree with the analysis so I will leave the rest for your midnight google searches.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.