Watching movement in the keltner channel in blue and the keltner channel oscillator candles in the bottom, you can see as price approaches a peak it trends into the keltner channel and loses momentum, starts the trend change. Indi's are showing some momentum shifts and price is likely to consolidate. Two scenarios I see is, market tanks near end of trump's presidency or a rally and consolidation and tanks in 2023 instead. However, say the fed continues to pump the economy and we move in a large consolidation range until some news breaks and markets plummet or builds again. With the inverted yields on the bonds, and few taking on our debt, the US will have a hard time raising taxes or interest without destroying the economy in one form or another. The dollar is taking all the risk, as dodd frank has allowed the fed to borrow money without going to congress for approval. They've been bailing out the repo markets to the tune of hundreds of billions, and no MSM has made a significant story about it.
This is the Dollar in Billions:
This is the Dollar in Billions:
