Red Bull Scenario....Meaning Bulls in Red into the summer
Should be consistent with King Dollar move as pressure likely rising post May
King Dollar is weak as expected foreshadowing a larger decline in 2024. But for now, a new rise into 1Q23 i see
This whole pattern since late Jan looks like triangle consolidation and appears to be in Wave E before. If correct, Vix blow off coming
This could be the max pan scenario to frustrate bulls and bears into mid year then down goes Frasier
We are at another critical juncture which could fool many, many people
Likely more relative strength vs EUR into summer 2023. It has been really volatile this since Brexit
The most persistent cycle that i know of is in the USD. King Dollar likes predictability
Early cyclicals sniffing stabilisation and/or shallow recession
Old Dow showing young energy. Likely to continue throughout this tech/long duration driven bear market
This looks more and more likely. I have a bullish alternative as ending diagonal starting in March 2020 but currently view is as less likely
Lets see whether max squeeze will happen. Not my base case but could happen so that it is 20 pct off the lows
A very decisive month ahead as could be an inflection month for a year end rally
We are entering the price zone and the timezone, although some more extension could happen and be reasonable
So at least SPX made the non recessionary low trend. From now on us all about recession probabilities in 2023
Algos replicate these fractals...to the date. Unbeliavable