"But it's very likely guys that we just continue lower here until 50 and 40 because as you know, we're still in a macro bear trend, macro, macro, macro bear trend, which is super bearish. We have a high, a lower high, a lower high."
This prediction is awaiting verification.
For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… And guess what? Later this year and next year, they are likely to start returning. But because we have a big fat war chest to deploy, I love that we are going down. I'm also bullish here in the buy zone is going to be so so nice. But listen, we're still above the 200E moving average. We still have a bit of support at the 200 week, but it's very likely guys that we just continue lower here until 50 and 40 because as you know, we're still in a macro bear trend, macro, macro, macro bear trend, which is super bearish. We have a high, a lower high, a lower high. And overall, the market yesterday got a bit disappointed because Kevin Worsh had his first speech and he said that he's not going to cut he's not going to cut cut. uh he is going to be careful that inflation is still too high too high so he cannot cut guys he cannot cut uh he says we will h we will fix five years of misses on inflation so basicall …