E-Wave for the S&P 500 Index

[jxyzobrien]

absolutely
its amazing how the past does not repeat.
That said different forms of TA must confirm and they do

The FED really did not do the QT they said would do.
If they had we would be past the lows.

Shane Smoleny studies all daily the fed activity.

The banking crisis and Brit pension fund fall should have tanked the market big time
it did not as the fed came in and injected money all over the place.
Inflation is real bad yet the market holds up.

Been studying Shane for months. The fed has so many tools to do what ever they want.
Fed can create tools out of thin air and they do

Now if the fed goes back to QT or a catastrophe event happens the fed is limited
in their ability to fix it