S&P 500 - Daily Inter-Market Analysis

[Inter- Market-Analysis]

Hello folks ...

Hopefully give my take from a different perspective . Welcome alternative views and thoughts


H&S target on downside = 4320

 

[Inter- Market-Analysis]

Pivot low should hold after we get over this over-blown drama in Ukraine ( smokescreen for Vaccine failure + failure to manage inflation concerns ).

Global economies can't afford a supply side shock = stagflation

Either way ....I can go about Geo-Pols forever

Back to price action

Pivot low should hold @ 4220 = Bullish bias for now

 

[Inter- Market-Analysis]

Pivot low should hold after we get over this over-blown drama in Ukraine ( smokescreen for Vaccine failure + failure to manage inflation concerns ).

Global economies can't afford a supply side shock = stagflation

Either way ....I can go about Geo-Pols forever

Back to price action

Pivot low should hold @ 4220 = Bullish bias for now

Pivot low has held thus far regardless of the chaos in commods/Ukraine as investors anticipate FED U-turn on rate hikes!!

S&P 500 is vulnerable here...but a lot depends on tech sector for next move!!

Play each day as it comes as a day trader.

Its been an awesome trading week with some stellar returns

 

[Inter- Market-Analysis]

Base built at 4150 - 4120


Looking to project higher if the Dollar index nails a top

positive news from China should help

 

[Almarok]

Here, a prediction of 2022 according to Thomas N. Bulkowski, posted on his site in December 2021:

Forecast

Article discusses historical performance and future forecast of the stock market. Written by internationally known author and trader Thomas Bulkowski.

thepatternsite.com

"If this prediction is correct, it'll be a down year for the Dow. It'll lose less than 1,000 points with a peak in March and dip in July.
After July, the market goes sideways until the end of the year."

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According to this prediction by Larry Williams included in the 1.7.22 video, there would be a low in July and still a descent in autumn: