counter_violent
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The long term view.
Crucial time imo. We been ranging for a couple of years with a narrowing range over the last year and we're now into the last swing resistance range with the first light coming on with the break of the trendline (just). Retreating out of that resistance area will turn that light off, but clearing the resistance area will turn the second light on with a third if the next resistance zone goes.
It's a no brainer 🙂
The Fed and others seem to think it's fine to print more folding stuff so the markets will soak this up. However, the real problem is not so much the price of the index but the value of it (inflation adjusted). Not really a very good deal when you think about it !