E-Wave for the S&P 500 Index

[gdl]

Exactly agree. Like watching the next pandemic come over from China and listening to the analysis declare the street already absorbed the news and is bullish. I don't have a clue when this drops but when it does the first salvo should be fast and steep. I believe Powell would never have referred back to disinflation if he thought the CPI was inflationary. Not sure if there is a leak or just interpreting his speech.

I have read your analysis and all that time agree with your assessment. Like waiting for GODOT. Seems it will never change.