Congrats! We've achieved the target now. Are we still looking at lost decade+ scenario to materialize in the coming two years? Thanks.
VulcanoRosso
⋅
@tfinavia, tnx , spx can reach to 5400-5600 range. and yes lost decade scenario is still on the table. good luck.
tfinavia
⋅
@VulcanoRosso, Hi, the USD or DXY looks primed for a rift higher. I checked Weekly and monthly timeframes. What if it reaches 114 in the coming months (by June)? Can you show a calculated equivalent downside move in DJI and SPX? Thanks.
VulcanoRosso
⋅
@tfinavia, yeah i'm looking for stronger dollar too. first target 108-109. then we'll look if it can reach to 114-118 after that.
DJI will go down below 32K for sure. SPX to below 4200? likely.
atm markets are still bullish no strong bearish sign yet. so nasdaq , dji and spx may hit new ath levels. trade carefully.
tfinavia
⋅
@VulcanoRosso, REIT and DJU could decline significantly promptly after next week for three weeks. In that case, June is the target for bottom.
tfinavia
⋅
Sir, this all looking to extend for a year+ until SPX 5200+, Dow 40k. Are we really sure and still targeting 13,500 or about -64% drop on the SnP? Thanks for the insights. I really appreciate it. Especially your prior Covid calls for the crash was right on the chart!
VulcanoRosso
⋅
@tfinavia, next recession could be worse than 2008 and could be long one. i believe it will last at least a year. so yes , 60-65% long term downtrend won't be suprising.good luck!
tfinavia
⋅
@VulcanoRosso, Good luck to you too and thanks for replying. All crashes and the subsequent rises offer great opportunities. I sure hope for us to partake in them positively.