SP500 S&P 500 Index
4,560.53-6.93 (-0.15%)2:19 PM 07/26/23
Zig Zag Pattern ahead-? That's been the call from GBA but what if it's zig zig zig.
I'm on Yellow Flag alert* meaning some waning signs of momentum have shown up.
Friday if we get a good core inflation number the market will extend and blow off and that would be ultimate Lizard king time. I think that core has ticked up slightly and indeed it will tick up 3rd qtr & that will freak everyone out. Question of timing-- Inflation I think heads back to 4% not down to 3% I'm probably early but maybe not.