SPX500 is tanking due to the fact that the fed is increasing the interest rate up to 5% which will destroy the consumption economy in America. Consumption is two-thirds of the American economy. Americans will have less money to spend due to increase monthly payments from car, student, mortgage, all types of loans!!!
Liquidity has been taken from sellers and will be targeting buyers' liquidity. It is a sellers' market right now, and the trend is bearish, market tapped into supply, and will see a falling knife occur, if I am lucky I will catch the black swan event which is envable of this oversold economy.
Liquidity has been taken from sellers and will be targeting buyers' liquidity. It is a sellers' market right now, and the trend is bearish, market tapped into supply, and will see a falling knife occur, if I am lucky I will catch the black swan event which is envable of this oversold economy.