To The Moon

Light at the end of the tunnel To be honest, my answer is both a yes and a no! Yes they can rest easy because the rally isa long time coming and if a rally does not come, then the market is really not functioning as it should and that is an even more worrying concern! However they should not rest too much on their laurels because I believe a recession is impending and the indicator I followed which is the 3mths/10Yr yield has just inverted last week albeit for a short while. And that indicator has a strong track record! So if the statistics bore correct, a recession will be around the corner within the year which at least gives us a time frame to work with. Nothing is confirmed but a road map is better than nothing! So considering the market bottoms around 6-9mths before a recession, that shall mean a market bottom of somewhere early next year which gives time for a last bear market rally into the year end before a swoop down comprising of the C wave and the famous capitulation wave. That shall sow the seeds of the end of the bear market and if all calculations pan correct shall see a time frame of market bottom around the January to April period depending on how the market behaves or peaks into the year end. These are all just probabilities and based on technical analysis and time factors as well as market data so I shall put up a disclaimer herethat nothing is set on stone. Price action always trump indicators etc so follow the price andnever the sentiments! However as of now, that is my road map and Iwill always shift the goalposts accordingly based on new data and market actions. So do follow me for the latest updates. And remember that no position is also a position so if in doubt do NOT take unnecessary risks! Stay safe! 😊