jdgpro

Fibs on the way down

Short
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
The FED will not stop until they get to 2% inflation. The $31 trillion national debt is not serviceable long term at elevated rates without massive tax increases. Higher rates will put the economy in a downturn. Seems like the falling wedge goes down till Q2/Q3 2023, then bounces. How big a bounce depends on what is left to bounce.
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