E-Wave for the S&P 500 Index

[gdl]

Watch the FED squirm discussing rate hikes. Once HOUSING recovers you know Inflation has won. The data going forward will be extremely inflationary. It might just force the FED to raise 50 basis points in July. Why he announced a pause in June knowing how it would be treated is criminal. he has single handedly projected to Wall Street that inflation concerns are waning. Between NOW and next meeting we get good clarity on inflations path.

We are NOT starting a breakout Bull move. We are finishing the massive Bubble formation. It is going to be real ugly between now and New Year. Watch trillion dollar debacles events unfold soon. Extreme giddy analysts projections and complacency will be replaced by doubt, fear and then panic.

ALL THIS YEAR! Let the games begin.