MASSIVE WEEKLY BULL FLAG FORMING

SPX500


Self-explanatory

While I think overall trend is still bearish and another leg down - which I think would be the last leg down this bear cycle - is expected, we will see the trend reverse soon after that hopefully. In Q1 or Q2 of 2023, if macro environment allows for it of course, but it looks like the Fed has been successful so far in their pursuit of monetary policy.

If it does play out like this, the next bull cycle will be something never seen before. Also housing market needs to come down soon for things to bottom out nicely. Crypto could be in the process of bottoming out soon tho.

Love you, stay safe