maxwayne23

SNP 500 / WM2 just broke the High of 2007

Long
I think under the current market (and inflation) conditions, we have to take a lot at assets vs money supply, to see where we're at.
In my opinion the SNP just broke the B high and is now on the way for wave 3, don't see any bear market here! Thought we would see some more Resistance from the B high, esp with the news around the FED, but if you look at the 10yr yield trendline (i just posted) i dont think they really will increase yields.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.