Double top into Q3 bottom
A 2001/2 style double top into Q3 bottom. Again, I believe Q2 earnings will begin to reflect what’s unfolding now and I doubt the fed cuts rates until Q4 potentially Q1 2024. Markets always bottom after the pivot which could be a pause in May or June. Stocks are also technically overvalued and despite the 500 looking strong, majority are losing steam as a few big meme stocks hold the market up.
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