In my post from yesterday I predicted a lower low for equities (and crypto). In this case the S&P 500 had made a lower low (crypto will follow soon). Expect more pain until new inflation numbers. Pre covid high could be a good buying opportunity for a bounce.
We will make a lower low in the coming two weeks along with equities. If we get good inflation numbers, then we will rally. If the inflation numbers are bad, then we go further down. Let me know what you think about this idea!
