Since i was only positing about the S&P500, here is one more chart for the DOW traders.
Sadly i cant post all the Fundamental Data here to back up my technicals.
This is my View for the DOW.
I see the Crash coming this month, late February or early March.
At this point i think its impossible to prevent the Insolvency event, the Fed created a liquidity trap, i would argue that inflation has peaked, from this point the Deflation will come.
The concept of Quantative Easing is not inflationry, its actually deflationary in the long run, the money volocity gets crushed, the money
is not landing in the real econemy for the avrege people.
Bidens tax increse on wealthy individualls and cooperations will lead to relocation of those cooperation, those jobs will relocate too. Same for the minimum wage increase.
like powell sayed yesterday, the real unemploymend is 10% or more not 5-6% like everybody thought, there was no real recovery in jobs.
Fundamentally i dont see a real recovery any time soon, markets will find their real value at the end. Thats not all time highs ;)
Sadly i cant post all the Fundamental Data here to back up my technicals.
This is my View for the DOW.
I see the Crash coming this month, late February or early March.
At this point i think its impossible to prevent the Insolvency event, the Fed created a liquidity trap, i would argue that inflation has peaked, from this point the Deflation will come.
The concept of Quantative Easing is not inflationry, its actually deflationary in the long run, the money volocity gets crushed, the money
is not landing in the real econemy for the avrege people.
Bidens tax increse on wealthy individualls and cooperations will lead to relocation of those cooperation, those jobs will relocate too. Same for the minimum wage increase.
like powell sayed yesterday, the real unemploymend is 10% or more not 5-6% like everybody thought, there was no real recovery in jobs.
Fundamentally i dont see a real recovery any time soon, markets will find their real value at the end. Thats not all time highs ;)