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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: ajtj99 who wrote (69915)9/21/2022 3:21:34 PM
From: Sun Tzu3 Recommendations

Recommended By
ajtj99
The Ox
towerdog

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I really don't get it. the 2 year went above 4% and 12 out of 19 FOMC members expect Fed Funds between 4.50% and 5.0% by the END of 2023. Even a rudimentary math tells you at a minimum a 15% drop in SPX is expected and a 25% is not out of the question. And yet some people pushed the index sky high. WTF?!!

Anyways, we made a double bottom. God knows why. If/when it breaks, the market will have an epiphany

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