Starts to be nasty ! Tom's Eurodollar Liquidity Indicator is flushing RED !!! Most likely we will have a correction till mid April (mac Target 2500-2600) and a double Dip in July / December. The Wykhoff Target would be in the range of 1400-1600 . NASTY. But good possibilities on the short side.
the average time to recession from the bond yield inversion is 15 months; typically in the period between when yields invert and the recession 'hits' there are extravagant gains
perhaps in 15 month or so the 1400 target will be a more fitting target
darth.stocks
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@420snoop, I'm not saying that tis will happen this year !!! It's a medium time range target... This year I rather expect from ED positioning 2000-2200.
perhaps in 15 month or so the 1400 target will be a more fitting target