My best prediction on S&P 500 price action in the next few months. Overall, stocks will continue to move up.
As the saying goes, markets can stay irrational longer than we can stay sane.
With so much bearish news reports about an impeding oil oversupply in the coming years, the only way I see for oil to enter a bull market is when oil producing countries start weaponizing this strategic resource. War, conflict, stimulatory economic growth?
I believe stock markets worldwide will continue its bull run despite past indicators like the yield curve inversion signaling a bear market/recession. We are entering a new era of time.
Will Bitcoin recreate its previous chart pattern during the 2017 bull run? If it does, it will likely fall back down to the 8500 level before going back up again.
