It took a while but spooz is finally heading to new highs

- follow up update on the Nancy Pelosi long

- it seems that the House shifting to the republicans wasn´t as important as I thought however the bullish descending broadening wedge is playing out
- it is likely SPX hits new ATHs in the next few months
- reccession callers and forecasters to go into cope mode

Pretty high odds for a double top/bull trap once new ATHs are reached, caution advised.

Yorum:

Projected scneario played out well. While price stopped a bit short before new ATHs, the macro 0.786 was the level that turned out to be too strong of a resistance.

Above mentioned bull trap scenario likely to play out: trad markets are in a bear market similar to 2000 and 2008 until proven otherwise.