I color coded the correlating trends on a larger scale... so every one can see how big the START of this cash will be.
These trends are developed from the smallest time frame, and expanded upon at each time frame further outward.
The pink and purple are best case scenarios... But we could start down as we approach the all time high next week. There is that huge bearish candle (turquoise arrow), that we didn't have on previous tops. so that could accelerate things a bit.
I feel like you can see the shape of the reversal nicely developed now on various time frames... the bears are building up pressure.
We also see Blue Nenstar Sharks on multiple time frames... I understand that these are very bearish.
This looks like a ditto of what the market does each time it corrects... just on a. big scale! (Who remembers the Ditto Machine?)
Now... check out what this correction will trigger... all time view of the S&P... Huge reset shown in red.
How does this relate to the world? Climate change is accelerating. This is thanks to the human race, whose population has multiplied like a virus empowered by run-away capitalism, industrialization of food production, and modern medicine. Our collective impact on this fragile planet is a multiple of that exploding population X the force of industry[/I].
The conspiracy theory I have heard about is that the target is to go from 9 Billion humans on earth to a sustainable population of 0.5 Billion (500 Million)... before its too late to save the planet.
I understand that treasury has pulled the rug out from under the market, and that there are powerful people are anticipating a Great Reset.
" I was president during the greatest economy ever." -Donald Trump
You lost me at the end. This planet can be sustainable with more than 500 million people. I also feel as if there are other near term catalysts that could put downward pressure sooner than climate change. I do believe that we will drop significantly in the near term due to both an uncontrolled pandemic(and the social/business impacts that accompany) as well as the profit taking before the end of the year by major players that are looking to avoid a higher capital gains tax in the future. As always, it is entertaining to speculate. Best of luck to you in return!