The economy has been doing well for a number of years since the last recession.
Signs are slowly appearing showing a massive downturn of events globally.
This time will come within the next 2-3 years so be prepared.
Despite that, the rally has yet to end. The current correction will last for
the next few months before a finale rally for all to celebrate.
Key events are june 29 and august. will interest rates move according to
expectations? There will likely be a rate hike and much uncertainty causing the
weak market in these few months. But after which, the fed will cut interest rates
which will then fuel the final rally.
Yesterday's rebound is not the entrance ticket for a rally, so no hurry.
Wave 4 has yet to end and only completed phase 1 of the 3 phases.
This rebound will be taking us through phase 2 with a target of ard
a. 2428 or b. 2519. An estimated low of 2200 is set for wave 4.
so, sit tight and enjoy the ride.
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