by DesmondMilesDant
Caption: The 1.618 has to be the top : 21.1k
Caption: Vol up, Market up = Meltup is here.
Reliance Industries is underperforming Nifty 50. Will this trend reverse?
JPMorgan’s top chartist says the S&P 500 to tumble all the way back to 3,500
JPMorgan head of technical strategy Jason Hunter said the S & P 500 in 2024 is in for a stark reversal back toward its bear lows. “Stocks should pull back, [and] in my base case on the technical side, the S & P 500 is gonna drop to 3,500,” Hunter told CNBC’s ” Squawk Box ” on Monday.
And also:
Stifel says the S&P 500 to top out soon, still stuck in a secular bear market
Margin Calls From Clearinghouses Seen Stoking Future Crises
“Recent stress in the UK gilt market serves as a stark reminder that self-reinforcing spirals originating in a relatively small market segment can potentially threaten the stability of the broader financial system.”
IMO coming soon: imagine say three events like this all happening at the same time. Goodnight global financial system as the domino / chain reaction / cascade / contagion triggers collapse.
h/t mark000
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