Will the seasonality and the hot CPI data today 9-13-23 help make this H&S pattern play out?
Will the Pluto retrograde in Capricorn June 11, 2023 usher in the inverted yield recession this summer? Will the AI mania abruptly wane until Pluto in Aquarius returns in Jan 2024?
The RSP H&S is hinting at what the real broad Market via breadth looks like if the 'tide' were to go out, revealing there is little support for the overall market other than the few tech big caps. It looks like we'll soon see if the net line is broken downwards to a minimum 10% correction or worse. Inverted yields always lead to recession...