BamaGapster

BamaGapster

In the 80's it looks like it took very high interest rates to combat the high inflation in the 1980's. With the GOP looking into stopping Bidens spending habits we may possibly be ready for the unemployment to move up and our economy will do some suffering. Still, Unemployment is low, and inflation is hot. If the jobs data stay sideways this holds the door open...

BamaGapster

Look slike a triple bottom we shall see if the market goes down. The market has been opposite of the DXY as lately. Nice extra indicator for the time being. DXY has been super important.

BamaGapster Updated 

I think it's pretty clear here but i will describe this. We have the perfect Double Top on the Nasdaq. I just want to be clear i hate i missed this buy in. Looks like the landing spot will soon be at the lowest 52.80 NASDAQ:NDX

BamaGapster

this could be a bullish trend change. Chances aren't good though. Bulls did manage to break the bear for short term up.

BamaGapster

I just was just browsing through and inverted the DIA and started playing with some patterns. I feel like I've noticed multiple triple tops and inverted cup and handles. This could be dangerous for the short term future and possibly the next 2 -4 years. This is just one of many making this type pattern being that a lot of stocks follow the Dow Jones

BamaGapster Updated 

Knowing how the market is currently doing. How much longer will Apple be able to multiple earnings for investors ? Will inflation make IPhone users more likely to hold on to their 11's and 12's? I believe there is a relaxation point in Apples near future. Maybe it's not Apple it's just the rest of the market. They have a strong hold on data and the phone market...