For the last 2 years, banks have fudded people in and out of the stock market. Aside from tail end picks - read NVDA - 
SPX has still been chugging along.
The next few months I believe we will begin to see sideways consolidation in theSPX as it enters into a wave 4.
Give the very short duration of wave 2, the summer months are poised to be challenging for the $SPX. Ultimately, I hold the belief that the final high is not in for the $SPX. Folks will just have to be able to whether the oncoming correction.
What does this mean for the #crypto market? There are periods where #crypto and
BTC decouple from traditional markets, this is only true because of wave structures.
Ultimately if TradFi crashes - which I think it will sometime in 2025, the high beta plays like #cryptocurrency will go along with it.
SPX has still been chugging along. The next few months I believe we will begin to see sideways consolidation in the
SPX as it enters into a wave 4. Give the very short duration of wave 2, the summer months are poised to be challenging for the $SPX. Ultimately, I hold the belief that the final high is not in for the $SPX. Folks will just have to be able to whether the oncoming correction.
What does this mean for the #crypto market? There are periods where #crypto and
BTC decouple from traditional markets, this is only true because of wave structures. Ultimately if TradFi crashes - which I think it will sometime in 2025, the high beta plays like #cryptocurrency will go along with it.
Nota
Correction: Wave 2 was not short but ~ 90 days. If we consider 90*0.618=58 days, that puts a shorter Wave 4 correction lasting about 2 months. That is assuming that wave 4 is going to be shorter than wave 2.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.