I am short term bearish for the US Markets but I expect a last 5-Wave Impuls Move on the upside in the longer term (look at the SP500 Big Picture Analysis).
We are currently seeing an inversion of the US 10 Year Yield and the 2 Year Yield this is a recession signal but remember after this signal we get on average another 22 Months until a bigger correction and another 12% run to the upside in the Markets, this would match well with the EW Counts which also shows me one last Impuls to the upside. We can further see that the inversion level (red line, 0 line) has just been touched there is still plenty of room for the FED to manouver, typically a crash szenario playes out when we have been under the red line (inversion territory) for quite a while and when we start to get out of the inversion territory.
We are currently seeing an inversion of the US 10 Year Yield and the 2 Year Yield this is a recession signal but remember after this signal we get on average another 22 Months until a bigger correction and another 12% run to the upside in the Markets, this would match well with the EW Counts which also shows me one last Impuls to the upside. We can further see that the inversion level (red line, 0 line) has just been touched there is still plenty of room for the FED to manouver, typically a crash szenario playes out when we have been under the red line (inversion territory) for quite a while and when we start to get out of the inversion territory.