SPX -
Hi TD :)
"when.... might the entire US Equity sell off commence ?"
We remain locked in the "Great Rotation" phase of the topping process (yes, aside from being an accurate description of the s-t outlook, that phrase was coined and deployed here to mock Klaus Schwab's "Great Reset").
TSLA, INTC, AAPL & now GOOGL as outlined on this thread have met their targets and seen their final highs (allegedly), but we still have unmet upside targets in MSFT, FB, WMT, AMZN & ORCL that will keep this market suspended above 3600 SPX until those targets are met. ORCL is expected to be amongst the last of the big caps to achieve its target of 76, immediately followed by the total loss of buoyancy in the market, as stated here:
Message 33157059
That will allow us a full 6 weeks since inauguration to conclude our romantic honeymoon with President Biden.
In the meantime, speaking of sloppy, this market is primed to go down to the bottom of its new range....
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