Hey friends,
Just calling the TOP of the SPY. It made four attempts to break through the ~470 range with no luck.
With high inflation, EVERGRANDE and Omicron being potential straws that break the camels (economy's) back, I seriously believe the market is completely overvalued which will result in the next recession.
Time to be patient. Hold your cash ready.
Love, peace, Seb.
Just calling the TOP of the SPY. It made four attempts to break through the ~470 range with no luck.
With high inflation, EVERGRANDE and Omicron being potential straws that break the camels (economy's) back, I seriously believe the market is completely overvalued which will result in the next recession.
Time to be patient. Hold your cash ready.
Love, peace, Seb.
