Epic's Account Talk

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Options Expirations Week this week . . . .

Here's a vid that may be of interest. It's short (only around 9 minutes) but it has really interesting charting displays for those of us (like me) who don't do this kind of stuff.
Around the 6:40 minute mark, he points out an interesting relationship between the Reserve Balance and how it appears to tie in with the S&P, and how the S&P reacts to it.
He suggests that the reserve balance could drop, therefor the S&P could fall 11 to 20% down to about 3250 to 3550 by years end.
It's just another persons perspective (like hundreds of others) on what may happen moving forward. I just found it interesting. :D

 
Just FYI .......
https://www.marketwatch.com/story/f...ta-weve-got-a-long-long-way-to-go-11668381864

Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week.

“It was just one data point,” Waller said, in a conversation in Sydney, Australia, sponsored by UBS.

“The market seems to have gotten way out in front over this one CPI report. Everybody should just take a deep breath, calm down. We’ve got a ways to go ” Waller said.
 
BVC.PNG I'm telling you, before all this inflation started, things were SOOOO much better......

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Just FYI ....... Lots of reports to be released and discussed tomorrow. With most already away starting their holiday weekend, will there be a reaction, or will it happen the first of next week instead??? :scratchchin:

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SRJP.jpg . . HO HO HO . . . . The Santa Rally will be in full swing this year boys and girls.

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https://www.investing.com/indices/indices-futures
 
This could be one of those CrAzY days. Hang on !!!
https://www.investing.com/indices/indices-futures

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