US Economy bleeding like everything else
US Economy bleeding like everything else
No surprises here—the US100 is tanking like everything else, dragged down by two active bearish structures. But could this be the calm before the storm as Trump takes the reins on the 21st? That’s the million-dollar question.
The two strong bounces from the green Overall Correction Level (OCL) tell me the market hasn’t fully thrown in the towel yet. That’s why I don’t believe we’ll hit the lower target levels. Instead, I’m anticipating a sharp reversal, ripping to the upside at the purple resistance line. This move would keep the overall bullish structure intact and deliver the kind of upside everyone’s praying Trump will bring to the table.
For now, patience is the play. Watch for the reversal—we’re setting up for something big.
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