3 Jan 2001 S&P 500 fell -39% next 448 days Unemployment rose another 2.1% Recession
18 Sept 2007 S&P 500 fell -54% next 372 days Unemployment rose another 5.3% Recession
What am I saying? As I mentioned too many times a 25bps and 50bps will do nada. Recession is inevitable, but NOT before a blow off top 🔝 Fed needs to go in hard, but at what cost? They are still running off the balance sheet, M2 money supply is not where it should be yet…
SOLUSDT 👉Idea:SOL/USDT Poised for a Breakout… Is in a consolidation phase, trading within a range between $120 and $186. Currently near the midpoint at $140, marked by a Change of Character (ChoCH), the market is at a critical juncture. A bullish breakout above $140 could target the upper boundary at $186, while a break below $120 signals potential downside towards $84. Traders should monitor for a breakout with confirmation to determine the next move, using $120 and $140 as key levels for risk management. tradingview.com/x/BTMCKNmk/
SOLUSDSOLUSDTBTCUSD Balance sheet run-off continues….This mind section really shows the one dimensional thinking and lack of understanding of finance, running of top level headlines, aka ‘50 bps Fed cuts, woop’. As I had mentioned many months ago, a 25 to 50 bps will do nada! Powel is not stopping the run off, the shrinking of the balance sheet….treasuries. For those who don’t understand…it’s the opposite of brrrr…🤡 Sub $100. We won’t go parabolic till 75bps…money supply is king 👑 may he reign forever