Technical Analysis
- Strong Divergence Developing on the RSI, Monthly Time Frame of
SPX
-SPX is market cap weighted to Tech & Health right now, FANG RULES THE KINGDOM
- Divergence time frame took months to years to develop on the previous two occasions
- Both averaged a 40% - 50% contraction before the next expansion cycle
- Almost a 15 Year Credit Expansion???
- Divergence has been happening since early 2018
Economic Climate
- Record Unemployment
- 25% of Americans can't pay their landlords
- Not all people let go will go back to a job
- Not all employers can hire back their employees
- Commercial Retail Genocide
- Were told America is okay because of Wall Street
- Real Jobs have been lost, real life's have been shifted, real choices with real impacts, forced the 90% to make life changing choices that are now irreversible.
... And the S&P Rose 1.26% Today, CNBC Reports...
- Strong Divergence Developing on the RSI, Monthly Time Frame of
SPX-
SPX is market cap weighted to Tech & Health right now, FANG RULES THE KINGDOM- Divergence time frame took months to years to develop on the previous two occasions
- Both averaged a 40% - 50% contraction before the next expansion cycle
- Almost a 15 Year Credit Expansion???
- Divergence has been happening since early 2018
Economic Climate
- Record Unemployment
- 25% of Americans can't pay their landlords
- Not all people let go will go back to a job
- Not all employers can hire back their employees
- Commercial Retail Genocide
- Were told America is okay because of Wall Street
- Real Jobs have been lost, real life's have been shifted, real choices with real impacts, forced the 90% to make life changing choices that are now irreversible.
... And the S&P Rose 1.26% Today, CNBC Reports...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.