Based on this chart, on August 15 we reach the year 2000 level (see the red arrows) of the yield curve. Since then, the curve started its way up, leading the S&P 500 (markets) to the recent trend change:
This data will lead us to a major crash as the earlier ones? Time will tell, but be very careful, it's the only we can do, since there are no crystal balls. Good Luck!
This data will lead us to a major crash as the earlier ones? Time will tell, but be very careful, it's the only we can do, since there are no crystal balls. Good Luck!
Comment:
Correction: Instead of "recent trend change", it's more accurate "recent red days" or "pullback".
Comment:
For a precise, enlightening and well writing text about the current economic situation that could complement this chart, visit the following idea of the Trading View user "SPY_Master":
