For the last 2 years, banks have fudded people in and out of the stock market. Aside from tail end picks - read NVDA - 
SPX has still been chugging along.
The next few months I believe we will begin to see sideways consolidation in theSPX as it enters into a wave 4.
Give the very short duration of wave 2, the summer months are poised to be challenging for the $SPX. Ultimately, I hold the belief that the final high is not in for the $SPX. Folks will just have to be able to whether the oncoming correction.
What does this mean for the #crypto market? There are periods where #crypto and
BTC decouple from traditional markets, this is only true because of wave structures.
Ultimately if TradFi crashes - which I think it will sometime in 2025, the high beta plays like #cryptocurrency will go along with it.
SPX has still been chugging along. The next few months I believe we will begin to see sideways consolidation in the
SPX as it enters into a wave 4. Give the very short duration of wave 2, the summer months are poised to be challenging for the $SPX. Ultimately, I hold the belief that the final high is not in for the $SPX. Folks will just have to be able to whether the oncoming correction.
What does this mean for the #crypto market? There are periods where #crypto and
BTC decouple from traditional markets, this is only true because of wave structures. Ultimately if TradFi crashes - which I think it will sometime in 2025, the high beta plays like #cryptocurrency will go along with it.
Nota
Correction: Wave 2 was not short but ~ 90 days. If we consider 90*0.618=58 days, that puts a shorter Wave 4 correction lasting about 2 months. That is assuming that wave 4 is going to be shorter than wave 2.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.