Next months is the first month for potential downside reversal based on my prop cyclical indicators as bulls are running out of time and space
ノート
Very key close today as many indexes turned their daily trends down. Negativeノート
This is the near term bear case vs the 2014/2015 temporary bull case into summer. Fed meeting next months and likely BOJ potential actions in April likely to decide which oneノート
SPX could go worst case 2800/2900 using simple symmetry to the previous 2 bear legs since the startノート
The micro fractal analog for this one is the Nov 22, 2021 to Dec 3, 2021ノート
3860s very likely to be tested pretty soon. How SPX reacts there likely the key for this market to decline swiftly or more upside into summer before a larger declineノート
JP has testimony today/tomorrow so lets see what happensノート
And the 3860 was tagged as I expectedノート
SPX closes the week at 3862...no coincidenceノート
Liquidity spigots slowly turning up, seems panic sets in the hearts of CBs yet againノート
After the liquidity spigots reopened, it was clear the structure changed. Currently, the macro fractal likely resembles 1973 with microfractal of 2019 with the triangle in the middle免責事項
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