The S&P 500 (weekly, log scale) and a few of its risk indicators
I have recently started making videos that tend to be shorter and maybe more to the point than some of my articles, and am gaining a comfort level with this medium, and so here is the latest macro blurb to check out. For we nerds, this stuff is fascinating. Way more so than stock picking, Fed obsession, doom and gloom or bull greed forecasting. Just a market and the indicators informing its forward view.
The overwhelming view I get from this is that Wayne and Garth can party one now, possibly even to the tune of ‘happy days are here again!’… before the real bear market gets going in H2, 2023. For the coming bear trigger we are watching short-term technical levels using daily charts.
