JPow has no incentive to prop the markets with Trump out of power now.
In fact, incentives have reversed. They want this thing to tank hard into mid-terms so they can blame Biden .
What a journey we tracked this beast day by day from that first diamond structure right before the Feb 16th Peak.
These are the moments to live for. I knew we couldn't hold long above the 1.5Y Peak Channel but damn this played out so beautifully.
Thanks to all the people out there feeding in data to dial in this major market inflection.
OG top callers:
These guys have been on the case more than anyone and markettimer777 remarkably called Feb 16th peak many months in advance (he also nailed the March '20 low call a year in advance).
Dozens more people were on track here and chipped in valuable data points to paint a clearer picture.
If you've seen me comment on your idea, then your data contributed to mapping this top.
Thanks for all the hard work, keep it up!
All those SPX 4k Stonks Always Go Up/Don't Fight the Fed Robinhooders gonna have to liquidate their underwater accounts into close lol.
Not about being right all the time, it's about refining the methodology... like inventing the light bulb.
Best regards sir
FeelsBad. Now I'm just hoping I will get to enjoy this bear ride before it ends.