SPX: "We are here...."
Diupdate
This chart says it all.
Inflation is stagnant. More rate hikes to come.
The Fed can only bail out so many banks before they say "no mas."
Credit card debt alone will skyrocket from the sheer number of unemployment claims that take place. This would be an inverse relationship from a charting perspective.
When the October 2022 lows break, the media will cause a massive frenzy in Retail and capitulation to 3000 levels will soon be met.
The fact that China doesn't really know what their Chinese population really is, is just another sign that the global economy is going to plummet soon.
Do you have an additional source of income? Protect yourself from employment risk.
Because at the end of the day, banks don't care if you have a job or not. They only care about getting paid for your mortgage, car loan, or credit card payment.
Inflation is stagnant. More rate hikes to come.
The Fed can only bail out so many banks before they say "no mas."
Credit card debt alone will skyrocket from the sheer number of unemployment claims that take place. This would be an inverse relationship from a charting perspective.
When the October 2022 lows break, the media will cause a massive frenzy in Retail and capitulation to 3000 levels will soon be met.
The fact that China doesn't really know what their Chinese population really is, is just another sign that the global economy is going to plummet soon.
Do you have an additional source of income? Protect yourself from employment risk.
Because at the end of the day, banks don't care if you have a job or not. They only care about getting paid for your mortgage, car loan, or credit card payment.
Catatan
This move is still valid.Catatan
Still valid, best call so far.
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