This_Guhy

SPX and the Covid Death Numbers Part II

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Previously I looked at a potential "bullish" MACD cross on the Covid death numbers. Its been about five days since that cross has been established and I have added the Rate of Change to the death rates with an estimated path if the ROC continues as if it were a deep saucer formation. The deaths are going chart is going to be on the standard (non-log) scale for one main reason... I think the reported deaths will be going vertical again on this scale and it will resemble a tangent curve from trigonometry when viewed as such. The rate of Change is going to be on the log chart to provide detail.

The MACD histogram for SPX on the 1D is showing a lot of hidden bearish divergence since April. This is a very technically weak place for the broadest based index fund for the United States, which means that the whole damn world is in a sticky spot technically.

Below we have the charts for Florida, Texas and Arizona which where the new hot spots were being reported. All three of these states are starting to look like the next leg is upon us and the tangent curve will be coming shortly.

Below are the death charts for India, South Africa and Germany, which are some of the biggest dominoes that can fall in their regions. There are always issues with disparate reporting standards but all three show rate of change curves that are starting to either flatten out or turn up.

Please review some of the linked posts for more bearishness.

And I promise every Floridian that you will all be rich... because we're gonna print some more money! Why didn't anybody ever think of this before?

~Nathan Explosion
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