The PCE report today was the important one and not tomorrows IMO. Stayed near record highs at 5%. Market shrugged it off. Even the Bitcoin chart has some life ot it even though so many are convinced of an immediate drop here. Same with the stock market. The 200 day was thought never to be reached but it did intra-day. Will it break above soon? if so we have another possible spike move up.
Irony is that NO ONE, bull or bear, dares to even suggest a crash in December. that would be sacrosanct. I happen agree.
On the other hand all is salivating on the crash coming immediately in 2023. With this many charting out the future in sync i worry we could be very wrong One day at a time. Tomorrows report should have little affect. We shall soon find out.
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