Here's the weekly chart of ES (S&P 500 futures). I say we retest the previous high at 5300 within the next 3 months, which is over 14% dive from the ATH.
YES! OMG, you don't know history! Trump is in office and the Fed is lowering interest rates over the next four years. Hello?
I would agree with that chart if instead of a 22.5-degree angle white arrow, you would draw a 43.6-degree red arrow resulting in an almost flat market for the next month. Would you do that for me?
Yeah, Trump imposing massive tariffs while kicking out all the Hispanics he could get his hands on. And Powell? Didn't he say the rate cuts will come far fewer than the Wall Street is expecting? Isn't that why we literally fell off the cliff last Wednesday? Hello?
Why the fck didn't you tell me you were into that voodoo shit? Now I know why you've been tripping out like a loony all this time. Well, mine's not so flashy as yours. It's a bit more scientific, as in the chart below. Do you know how to read the following chart? Let me know if it's too much for you to comprehend.
(... I tend to listen... and then make my own decision based on market behavior, etc...) Thanks for the heads-up, Schizo!