nemo, despite being tentatively bullish in the short term... i will keep repeating that, at best case, i think this is a repeat of the 2001 financial crisis. worst case? it could be a legit depression. but i am leaning towards 2001 financial crisis.
if this is true then we will have 2 more major crashes across all assets. (maybe 3 crashes? but at least 2 more)
according to the s&p500...
first crash should be march 2023.
final crash should be march 2024.
according to the DXY...
first crash should be 9/11/2023
second crash should be 9/11/2024
just not sure on the timing yet. i do think the big crashes will be separated by a full year though.
[imgur] [
link to imgur.com (secure)]
this is the dxy on the weekly line chart with the ichimoku cloud enabled.
yellow arrow on the right is where the dxy is right now.
yellow arrow on the left is where the dxy was before the 2001 financial crisis when it looked exactly how it looks right this second.
white arrow on the left was 9/11/2001 twin towers attack.
this is why i think we are about to repeat the 9/11/2001 stock market crash. and if we repeat the 9/11 stock market crash... i am a conspiracy theorist. this tells me we are going to repeat a world event similar in scale to 9/11.
hope i'm wrong about that but i expect something major to happen when the dxy makes that 9/11 crash repeat. and it is happening.
maybe covid. maybe war. who the fuck knows.
bad shit is coming. (you all know that though)