A Crazy S&P Idea

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Hi Folks

We have to try an remember how crazy history has been in order to try and project an expectation of the future.

Not a prediction, just a this could happen as its happened before.

Megaphones love volatility.

Puka
Uwaga
FOMC increase of 0.25% today and the daily RSI reaches oversold

The Great Inflation Fractal from 1966 - 1973 is tracking closely to current price movement.

We draw a correlation to the Great Inflation period (1965 – 1982) but we hone in on the early years from 1966 – 1973 as these early years are similar to the high inflationary period we find ourselves stepping into at present.

From 2018 - 2020 the S&P500 went through significant price volatility which took the form of a megaphone pattern. Megaphone patterns have been showing up a lot in the market recently, Tesla being a case in point. Megaphone patterns are more common in volatile markets and can offer us traders or investors a structural framework to work within.

KEY TA FOR S&P500
- RSI is now reaching into over bought zone on the daily
- However we can remain over bought for months
- Regardless it is worth noting that we are into
this over bought zone and higher risk territory
Uwaga
WE are still following this to an absolute T.

Press play... its quite fascinating.
Uwaga
PRESS PLAY AND SEE HOW THIS IS STILL FOLLOING THE 70's

The Great Inflation of the 2020's vs the 1970's

I'm surprised that the chart is still following the Great Inflationary period fractal from 1966 - 1973

Its a little reminder that we could have a lot of turmoil ahead of us. Just takes a time to play out. Hard to imagine really.
FractalS&P 500 (SPX500)

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