SPX MOTHER FORK TARGET 2k in circa 18 months

NOT TRADING ADVICE

I believe this to be THE pitchfork of the third industrial revolution

And it looks like we're ready to usher in the fourth

This is an Andrews Pitchfork off the major pivots from the bear moves on the index over the last half century

I have also added some fib targets to the above major target

G.R.I. Dec '21

CaTALySTs!!!!!!!!! i hear bulls cry...

PEAK DEBT

For one dollar of debt in the U.S we boost GDP by a quarter; hence why banks aren't lending and fuelling the mother of all asset bubbles

PEAK GROWTH

You can't grow your way out of peak debt you can only degrow out of it

Welcome To The New World

Problem: Debt subsuming growth
Reaction: Inflation and a climate emergency; global pandemic
Solution: Degrowth

Kommentera:

Fib targets

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I have added the fractal from the last bear which suggests a more gentle drop, but timing is always tricky of course