Aggregate cash flow being removed from the US market , e.g. pandemic stimulus spending, raising of interest rates, generalized decrease in production ect, will at least return the S&P to the initial impulse emerging March 2020. *Interestingly I put forward Bitcoin price action moving in tandem every step of the way with the S&P.
This chart does not go to lower levels the S&P will likely visit , as this chart was created on a four hour time frame and the author wished congruent price action relative to time.
(Note: This bubble developed over two years, and a 2:1 ratio of price action relative to time is moderately aggressive)
*I haven’t looked at other’s charts for comparison/reference, I wouldn’t be surprised if they were similar
This chart does not go to lower levels the S&P will likely visit , as this chart was created on a four hour time frame and the author wished congruent price action relative to time.
(Note: This bubble developed over two years, and a 2:1 ratio of price action relative to time is moderately aggressive)
*I haven’t looked at other’s charts for comparison/reference, I wouldn’t be surprised if they were similar