Now that we are seeing much of this come to fruition, it is now time to turn the page to the next chapter.
This week, economic and market news was projected to be bad, and the results came in even worse than projections.
Since the VPCI W bottom on June 21st, the bulls have taken short term control of the market.
Our last edition of Volume Analysis stated, “The federal reserve’s rocket has since overshot its orbit, causing massive inflation while providing a speculative paradise for risk assets.
At the time, the S&P 500 was 2237 and was in one of the fastest declines of historical record.
The U.S. Treasury has reported that the national debt surpassed $30 trillion in 2021, a fact that has fueled headlines and concerns.
In our 2022 Volume Analysis Outlook, the S&P 500 was fresh off new highs exceeding 4800.
Contemplating a new year ahead, you may be wondering…what is going to happen?