TWEET
Added 2025-01-02 19:47:20 +0000 UTCThe Market Red Flags right now are:
- The $DXY moving above $114, which would mean breaking above a trend line that has been in place since 2000
-The US 10 YR going above 5.025%, levels not seen since 2008
- Mortgage applications below 2007 levels.
- Delinquencies at record highs.
- US Market substantially above the historical PE mean of 15, currently at 32.9 now.
- Inflation rising while the FED Rate Cuts.
A combination of these will trigger a market event
This is also happening while we are in Wave 5 of a 16 year market cycle.
Ignoring these red flags is not wise. Lean on the side of caution for 2025 $SPY $SPX
