CME_MINI:ES1!   S&P 500 E-mini Futures
We are moving up to 4300 to clear out all the liquidity between 4200 and 4300. Everyone is going to pile into the move up and all the short positions will have to be covered. Then, the big institutions are going to sell hard into this up move. We have 5% interest and bank runs as people move money to money market accounts that pay 5% and banks with not enough collateral (bonds with huge unrealized losses that were bought at 0% interest)to cover the losses. The Fed pivot does not mean higher stocks in the long term. It means bad stuff is about to happen. The market will only go up long term when the fed is done lowering rates, not a pause in raising rates. Im sure there are other unseen problems. Everything is fine.
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