The history of the new world, reduced to its fundamentals. A simple channel and a few important events, define a Wyckoff Distribution.
This chart is the DNA of the new world. The end of phase four would be the much-advertised-great-reset. The end of the past 120 years, and a beginning of a new era, if it is for the best or for the worst.
I am not very hopeful for the future, but there is hope in the real things. Stay real.
Tread lightly, for this is hallowed ground. -Father Grigori
PS. 120=7,77*7,77*2 120 is a super-cycle. It is the cycle of the cycle of 7.7 years
An alternate chart.
ملاحظة
A third perspective
ملاحظة
Another long-term distribution! Inspired by SPY_Master
A closeup, with a pattern from 2008
Link to his idea
ملاحظة
Gold and Production Cost are SWORN ENEMIES to equities. (As spy_master mentioned, DBC*GOLD is a very reasonable calculation of inflation. To analyze old data, the only "cousin" we have for DBC is PPIACO. This chart basically calculates how high SPX has gone / can go compared to inflation)
Isn't it interesting that in this chart, the 2008 recession is not apparent? It is part of the "Great 2000 Recession" which lasted more than 10 years.
There is a lot above us...
...and a lot of room to drop. Back in 1980, SPX dropped to it's 2.0 retracement, compared to GOLD*PPIACO. It lost more than 90% of it's price compared to the "inflation" product. Now we could very well reach the same. A 60% drop from today's price looks guaranteed...
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.