S&P pattern becomes more clear
We now have ABCD points, we just need one final decline (possibly November) to finish the pattern, then rally into February or so, then go down into April to confirm trend change .
This may have to do with election cycle - knee-jerk low? Then some kind of optimism rally, (betting on the Fed reversing the interest rates) then disappointment (Fed will keep rising interest rates for a while, most likely into 2024 according to DXY), but then in April the war is most likely going to shift into high gear and money is going to run from Europe to USA to save itself...
This may have to do with election cycle - knee-jerk low? Then some kind of optimism rally, (betting on the Fed reversing the interest rates) then disappointment (Fed will keep rising interest rates for a while, most likely into 2024 according to DXY), but then in April the war is most likely going to shift into high gear and money is going to run from Europe to USA to save itself...
If you are one step ahead of the crowd you are a "genius" and you make money off the crowd, if you are two steps ahead you are a lunatic and you lose money not being able to sync with the crowd, if you are three steps ahead - better find a new planet :)
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