#SP500 [1W] has swept liquidity at the 2024 low, setting up a dead-cat bounce over the next few months before the real recession hits. If the Great Depression analogue plays out as expected from an EW perspective, the current -22% decline is just 25% of the total downside move.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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