Forget All Other Charts

Ignore all the other charts right now. They are based on DOLLARS. The dollar is permanently unstable and your imperialist overlords are here to take away your spending power. We're due to see bearish action similar to April 5th (pink dot). The question is, will we see a lower high in relative yields, or will we set a higher low and possibly become uninverted, and return above 1.0 once again? Consider that we just set a higher high in the S&P medium term and it could have simply been a move to fool the crowd. On the other hand, debt is at all time highs, and rates even at this level mean systemic insolvency. Raising rates further means quicker insolvency. I say just get it over with or don't do it at all. Inflation year over year is, realistically, 20-40%, each year since 2020. Key interest rates aren't even 10% of that. There is no way they will be able to control this in any way, shape or form, or manufacture a so called "soft landing".

Rates rise >1.0 = total collapse, then easing
Rates bounce <1.0 = unrealistic rally blow off top, more tightening to trigger the crash

I think I used too many arrows but hopefully it makes sense.

Good luck and don't forget to hedge your bets.

Comment:

Historical Relevance:

Comment:

Gamma exposure also set a new lower low today, the first hint at a possible trend change since July 16, when the market started to turn to the upside, hinting at possibly of shorters beginning to dominate the price action once again:

squeezemetrics.com/monitor/dix

See here for a great explanation if you aren't familiar with GEX: squeezemetrics.com/monitor/docs

Comment:

GEX is down again today, I expect more downside.