PerniciousCarrot

PerniciousCarrot

I believe this is a long term based wonky head and shoulders pattern based on interest rates being low then moving to crazy high levels then a recovery before the crash. Yields are still inverted

PerniciousCarrot

Spy has started a long-term head and shoulders pattern that has been based upon interest rates. in 2020-2022 interest rates were super low which caused the market to move higher. Then interest rates started to rise to fight inflation which created the head and shoulders pattern. Then the market fell as panic erupted and the head and shoulders pattern couldn't...