/biz/ - Business & Finance

Biz, I warned you when the top was in, I charted out in advanced technical analysis software the exact direction of the market from then to today. Look at the chart again and tell me you will not heed my final warning. This is the last stop before black monday, you have 4 hours to cut your losses.

Some of you are not retarded and saw the top the 10th when we broke out of the main channel, the rest of you will learn when you realize price action is at the ceiling of the channel as is, and that monday or the end of today even will mark the beginning of the second phase of this bear market.

Biz, I warned you when the top was in, I charted out in advanced technical analysis software the exact direction of the market from then to today. Look at the chart again and tell me you will not heed my final warning. This is the last stop before black monday, you have 4 hours to cut your losses.

A final warning to the retards.

The rally is over, we are decending back into the bear channel, SPY as example: 377 by the 31st, the financial crisis-'19 support line (brown here) that has held twice will fail the third and we fall through 350 by the 16th of September, to test 330's. From there, we either bounce back up from 320 to end the year above or we enter the actual crash to 290-300. That shall be the final test, failure drops us to 180 by the end of '23, success requires major macro shakeups with a positive outlook.

This is not purely technicals, the crisis in China boiling over shall be the likely inflection point into the real crash, perception of FED policy shall be the general driver of price movement, the real crash shall happen once it becomes appearant to the market itself that stagflation is inevitable. Bonds have already begun their rally, the equities market is slow to catch on. The dollar is now premium, it shall become even moreso in the coming year, a great nominal inflection upwards to follow regardless of economic recovery or depression. Buy equities at this bottom and commodities before this bottom if you predict depression is the likelier outcome.