>>52220844
I've literally been saying for days that the only signal I am seeing is that we are gonna crab and bear for many months to come. Well into 2023. I don't even think we see a strong bull in 24.
From the looks of things, my current opinion is that we will continue a slow bleed for another year, dropping down to 2018 levels, below the covid dump. Wiping away ALL gains made in 2021. And once we hit that, that's around the moment where many people here and on Reddit will say enough is enough, I'm out of this shit. And if that doesn't chase people away, in 2024, I believe it will be a year of the crab. Every pump session will make mumus happy, the bull is back they'll say, just to have their dreams of another bull run knocked and crabbed away. It will happen so many times in 2024 people will think the finance world is "rejecting" economic growth entirely.
My point is that, the fact that anyone has any hope any time soon, is bearish. Everyone I know that's into fin is "slurping the dip", and we all know what happens when "everyone is doing it", that is exactly the direction the market will NOT go.