Here's a chart you should pay attention to.
Diupdate
It really doesn't even need words and i've been saving it for later as i didn't want to seem too bearish as we were making new ATH's.
But, we've shifted into a new cycle, they're out of room. The time is up.
The wedge implies a 42% move from the highs, if it plays out.
There is a .92 correlation between Fed assets, and the S&P 500. (hedgopia.com/markets-likely-to-be-on-pins-and-needles-until-fri-when-powell-speaks-at-jackson-hole/)
The drug dealer is about to start taper the drug addict. How does it go from here?
Only one way to find out.
But, we've shifted into a new cycle, they're out of room. The time is up.
The wedge implies a 42% move from the highs, if it plays out.
There is a .92 correlation between Fed assets, and the S&P 500. (hedgopia.com/markets-likely-to-be-on-pins-and-needles-until-fri-when-powell-speaks-at-jackson-hole/)
The drug dealer is about to start taper the drug addict. How does it go from here?
Only one way to find out.
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