I don't know if technicals can be applied on this data . RSI is showing positive divergence. DATA is showing bullish wedge type pattern. If technicals are to be followed then it should rise. It's just a test.
For your reference is the Sn P 500 chart...... Notice carefully on a Monthly basis..... even though prices have broken down since the TOP..... the 12 MA hasn't crossed BELOW the 21 yet. Doesn't look tooo Bad to Me. TV provides the SnP chart @ LINE CHART so cant help it. Will give the Targets a few days later on this One.
Net Liquidity: It's calculated as: ⬆️ Size of the Fed's Balance Sheet (WALCL) ⬇️ Minus how much of that has been sucked out into the Treasury (WTREGEN) ⬇️ Minus how much has been sucked out into Reverse Repo (RRPONTSYD) Apparently predicts direction of SP500 with high accuracy
India Inflation has formed triple top @7.88 , as visible on charts which signifies that inflation could come down. Also, RSI divergence is visible which indicates loss in strength from resistance level and suggest retracement in inflation. Below 5.81 inflation would be optimum and will favor stock market and economy.
US inflation rate is on the verge of falling trendline BO. A rejection from there can bring some relief for equity market. Need to watch closely.
lay out an internal profit that is baste on profit markets in the US and around the boarder that is located closer to oil markets and retail markets.
These vertical rectangles are RECESSION PERIODS occurred during last 50 years, this happened whenever "10- Year Treasury Constant Maturity Minus 2-Year Treasury Constant Maturity" is negative or at Zero Will the History repeat once again?
The two sets of curve structures bounded by a one-year period deviate significantly, and the real interest rate also stands at the limit of zero. If long-term nominal interest rates sag (falling inflation expectations), the situation will be worse than it is now
S&P 500 The price tends to continue to increase. and short breaks
Peaks on SPX are marked seems when ever the US employment rate falls and comes close to zero its time for markets to FALL.
Inflation is a tough one to get your head around, and QE, MMT and fiscal spending is popular terms these days. I will try to connect the dots short and sharp in two posts. I’ll use gold as an inflation metric, i.e. higher gold price equals higher inflation. First, "inflation is always and everywhere a monetary phenomenon", Milton Friedman once said. There are...
US bond yields should start falling soon for many years as monthly chart shows. Time to buy US bonds.