Bear24
02-16

Great ariticle, would you like to share it?
@Dan1192：
$S&P 500(.SPX)$ has had a bad day yesterday as we know it, probably triggered by the latest inflation related news. I may be wrong, but I will be surprised if this is the start of the reversal. Rather than a technical analysis, I will explain from a macro level perspective. Everyone had a good weekend, it was the superbowl, it is the start of the Lunar New Year, Joe Biden posted on Tiktok, new Marvel deals, it's the Dragon year, more Feds on a 'no landing' Feds outcome, etc. As hard as it may seem to be, this is a temporary pullback, everyone is ready to move on again, everyone has accepted the inflated prices, the shrinking portion, the dystopic reality. The emotional buying and spending is the bedrock of the next Bull run. Major events are happening around the world, US presidential election is coming in November 2024, speeding up of AI pick up rate, more Asian babies expected this year because of the Dragon year, a good time to shake of the 'bad luck' / downturn of the past few years. Any trading tips? Please share in the comments section! @TigerStars @MillionaireTiger
$S&P 500(.SPX)$ has had a bad day yesterday as we know it, probably triggered by the latest inflation related news. I may be wrong, but I will be surprised if this is the start of the reversal. Rather than a technical analysis, I will explain from a macro level perspective. Everyone had a good weekend, it was the superbowl, it is the start of the Lunar New Year, Joe Biden posted on Tiktok, new Marvel deals, it's the Dragon year, more Feds on a 'no landing' Feds outcome, etc. As hard as it may seem to be, this is a temporary pullback, everyone is ready to move on again, everyone has accepted the inflated prices, the shrinking portion, the dystopic reality. The emotional buying and spending is the bedrock of the next Bull run. Major events are happening around the world, US presidential election is coming in November 2024, speeding up of AI pick up rate, more Asian babies expected this year because of the Dragon year, a good time to shake of the 'bad luck' / downturn of the past few years. Any trading tips? Please share in the comments section! @TigerStars @MillionaireTiger

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