One Chart SUMS it All Up - EuroDollar : SPY

Lower, far lower lows are ahead.

SPY Gaps:

400.76

338.66

285.67

235.77

Every one of these will be filled from October 2023 to March 2024.

The DX will return to 125.

Bond Yields 4 to 6% at a minimum regardless of the FED's utter nonsense.

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Keep it simple, the Indices will Collapse.


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One final blow-off is due, IF key Support holds for the Equity Complex, fail
and this retracement ran Exactly to the .677 TGT we've had since June 17th.

Then few believed the Summer rally would be able to achieve these levels,
most were looking for far lower.

They were simply early and off for time.

Time is now approaching for the next move lower, hopefully, there will be
a thrust conclusion to 2/5 Lower.

If it holds symmetry - we can see higher highs prior to a complete collapse.

This remains a very large Bear Market regardless of Price.