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Ed_Ale
Jul 29, 2022 2:24 AM

SPX 500 2008 AND 2022 🤔📉 

S&P 500SP

Description

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History does not repeat itself, but it rhymes.

Over time we have seen how there are economic recessions every 8 years to 15 years.

The US reported 2 negative quarters which is already a technical recession but the FED tries to hide it with yesterday's news (July 27, 2022), there are still key dates to potentially short almost everything including BTC, CRYPTOCURRENCIES, STOCKS and INDICES. The key dates to keep an eye on the market are:

1. August 5 (NFP) - August 10 (Annual Inflation).

2. September 1 (Non-agricultural employment change).

3. September 21 (FED Open Market Committee Economic Projections).




The economic downturn is here, so Meta must do more with less - Mark Zuckerberg (Wednesday, July 27 in the "Meta Platforms" erning report)
Comments
TraderV123
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Thanks for your analysis! My view is at least one more melt up rally to 4250-4300 next week. GLTA!
The1seer
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agree thanks for sharing
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