/biz/ - Business & Finance

Anonymous Mon Feb 20 07:38:49 2023 No.53781246 [View]
File: 104 KB, 1146x749, 1967987915.png [View same] [iqdb] [saucenao] [google]

>>53781178

We are overbought relative to the only thing that matters: liquidity.

Pic related is not perfect, but it has been a damn good indicator since 2020. We could be establishing an upward channel of S&P vs liquidity in which case I can see it rising another 5% or so, or we might bounce of the previous high in the area I have helpfully labelled (to describe peak mumu euphoria).

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/biz/ - Business & Finance

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