Patterns have a funny way of repeating themselves, 1hr chart to see it better
I won't point it out, but if you see it you'll know :). I have a good feeling about this week, market seems to have finally agreed on a direction, however, I'm still awaiting some sort of political shock that'll solidify the uptrend. I'm looking for a move to 3700 then a throwback to 3500 then a move to 4300 by December 2021.
Been really busy with school, but I'd like to post some more macroeconomic concepts/ideas and trends I've noticed in the market over the last few months. In addition some more predictions about what's to come and the hegemonic state of the world over the next 10 years.
What I'm focusing on over the next few years which will shape the US for the coming decade:
- Budgetary deficit
- Export prices
- USD supply
- Fed market participation
- Interest rates
I won't point it out, but if you see it you'll know :). I have a good feeling about this week, market seems to have finally agreed on a direction, however, I'm still awaiting some sort of political shock that'll solidify the uptrend. I'm looking for a move to 3700 then a throwback to 3500 then a move to 4300 by December 2021.
Been really busy with school, but I'd like to post some more macroeconomic concepts/ideas and trends I've noticed in the market over the last few months. In addition some more predictions about what's to come and the hegemonic state of the world over the next 10 years.
What I'm focusing on over the next few years which will shape the US for the coming decade:
- Budgetary deficit
- Export prices
- USD supply
- Fed market participation
- Interest rates
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