For my educational purpose, not to be used as financial advice.
1Y
We have a rounded-bottom, potentially a cup-and-handle situation.
RSI is at a peak, possibly a minor pullback at some point.
MFI is on an incline and could see more of an increase from here.
5Y
RSI is at a bottom rounding up, could see a push up.
MFI is flat, but we could see a final push up before a fall.
All
RSI is reaching for a another top leading into a fall.
MFI has been steadily increasing. I expect it to go up a little further.
Conclusion: In the short term I see us going a little higher. However, I'm expecting a big fall once we reach the next top.
1Y
We have a rounded-bottom, potentially a cup-and-handle situation.
RSI is at a peak, possibly a minor pullback at some point.
MFI is on an incline and could see more of an increase from here.
5Y
RSI is at a bottom rounding up, could see a push up.
MFI is flat, but we could see a final push up before a fall.
All
RSI is reaching for a another top leading into a fall.
MFI has been steadily increasing. I expect it to go up a little further.
Conclusion: In the short term I see us going a little higher. However, I'm expecting a big fall once we reach the next top.
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It is very possible we have reached the top with RSI on the ALL timeframe dipping down.
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RSI on the ALL timeframe is falling.
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Markets look like they have topped.
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conservative beaver might be fake upon further research.
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Quantitative Easing (QE) isn’t the solution to economic issues despite how it has worked in the past few decades. That is because the way it is defined; as a form of unconventional monetary policy in which a central bank purchases longer-term securities from the open market in order to increase the money supply and encourage lending and investment, is not in my opinion the correct way to inject money into the system.
The better solution is to inject money into the system another way. That would be “to create money, grant it to the government and allow them to spend it directly into the real economy.”
As suggested from here: positivemoney.org/ho...tative-easing-works/
That is backed by how the government acted back in 1929, when they injected money through “government backed programs: building the Hoover Dam, repairing roads and bridges, etc.”
Source: www.investopedia.com...inancial-bailout.asp
Coincidentally, that would be in line with some or all of the Infrastructure Bill. So, instead of the QE that the government has been doing through this whole pandemic, money should have been injected to the real economy with programs like what was included in the Infrastructure Bill.
QE today injects money into markets of investments, which mostly benefits the rich and they hope it trickles down to the poor, with the rich spending. But we know the rich usually save to acquire wealth. The money isn’t injected into the real economy, like I have mentioned. So a better solution, as demonstrated back during the great depression would be through government backed programs.
This is only my opinion.
The better solution is to inject money into the system another way. That would be “to create money, grant it to the government and allow them to spend it directly into the real economy.”
As suggested from here: positivemoney.org/ho...tative-easing-works/
That is backed by how the government acted back in 1929, when they injected money through “government backed programs: building the Hoover Dam, repairing roads and bridges, etc.”
Source: www.investopedia.com...inancial-bailout.asp
Coincidentally, that would be in line with some or all of the Infrastructure Bill. So, instead of the QE that the government has been doing through this whole pandemic, money should have been injected to the real economy with programs like what was included in the Infrastructure Bill.
QE today injects money into markets of investments, which mostly benefits the rich and they hope it trickles down to the poor, with the rich spending. But we know the rich usually save to acquire wealth. The money isn’t injected into the real economy, like I have mentioned. So a better solution, as demonstrated back during the great depression would be through government backed programs.
This is only my opinion.
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It looks like some low cap stocks are in accumulation area. I think money will slowly enter those stocks going forward with ups and downs, but the long term should be positive.
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Drop coming.
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I believe a depression is coming. I’m thinking we see SPX go around 1,500, likely lower.
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Crash on its way according to VIX.