We are most likely heading into a huge correction very soon.
Orange is S&P500, blue is Inflation (US CPI).
Each time when inflation was rising we got a correction in the stock market.
Each time when inflation was rising we got a correction in the stock market.
Note
Ignore the RSI and MACD, dont know why TV included it.
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Disclaimer
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.