E-Wave for the S&P 500 Index

[jxyzobrien]

powerful bull market up move
what makes this strong. the fed has been doing minor qt
which normally means the market will have problems with any sustained up move

Inflation which is measured by truflation (2 months ahead of govt data) and is used by the FED
Has been consistently improving
Interest rates have topped and used car sales are dumping and housing is fading a bit.

Market needs to rest and reenergize. But the market will continue to surprise Beartards.
This is not a bear and has not been for months. The crash kids are looking at the wrong data.