It doesn't get more obvious than this. We're probably headed back to 12k at the very least on a corrective wave. Fed GDP forecasts are really all you need to see to know lots of rate hikes and taxes coming soon. It's halving every year, and that's an optimistic estimate. Don't wanna spook the market. fred.stlouisfed.org/series/GDPC1CTM
הערה:
I'm gonna be looking for behavior near these key lvls in white, 14710/14660/14580. Ultimately bottom of the 1 yr bull trend (white channel, 14500ish) gonna get tested and quite possibly much lower over the next couple years.
הערה:
a closer look at EDT
הערה:
or maybe more like this?
But if it turns and starts breaking the fib fan levels abandon ship.
But if it turns and starts breaking the fib fan levels abandon ship.
הערה:
It's not over, look at that perfect rising wedge for 2nd leg
הערה:
Updated, looks like 9-10k bottom of ABC on Macro. Notice the 5 wave started around 1k. Next one starts around 10k, then the one after that starts at 100k, but I prolly won't be alive to see it. Going up in magnitudes, exponential.
הערה:
Close up of the rising wedge
