We saw this same sequence three years ago: Off the lows a broad based rally. First reflation trades implode. A few months later Tech implodes.
That's where the comparison ends. pic.twitter.com/mM0ZmpQzIk
— Mac10 (@SuburbanDrone) June 22, 2023
The equal weight wave count indicates that wave '2' ended at the February high. Subsequently, it was a Tech only rally.
Down volume spiked at all of the key inflection points with record volume at wave 'i' down in March.
This count suggests explosive down volume is imminent. pic.twitter.com/6EazAgn1dk
— Mac10 (@SuburbanDrone) June 22, 2023
Deficit as % of GDP.
"What recession?" pic.twitter.com/CODCZGZ1Z1
— Mac10 (@SuburbanDrone) June 22, 2023
Warren Buffett just bought more Japanese stocks. https://t.co/Hi7oUUFAPX
Because what the wise man does at the beginning, the fool does as the end. pic.twitter.com/eaXHUXdZP3
— Mac10 (@SuburbanDrone) June 22, 2023
We haven't seen this since 2008: pic.twitter.com/N3cQhGy3U4
— Mac10 (@SuburbanDrone) June 22, 2023