RockDalio

SPX 6400 - Analog for the 2023!!!!

SP:SPX   S&P 500 Index
10 months ago I shared this ANALOG idea as a possible path for the SPX crash and although, as with all analogs, the path differs, directionally we got down to one of the projected lows (.50 fib). The open question is when or not there is a lower low (.38 fib) to 3300 or whether we sky from here. Since the path down was a slow zig zag, the path up in either case could be STRAIGHT UP into Q3 2023 post a low. No one knows if there is a deep recession coming but inflation and the dollar both Crashing now show the all clear on limited rate hikes for next 6-9 months, likely. If this plays out then Inflation could eventually return in 2024. ***Entertainment and sharing of ideas only - do you own due diligence.
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