Will History Repeat Based Upon this Sentiment Measure? | S&P500 VIX Elliott Wave U.S. Market Update
Is the S&P bottom already in?
Rob’s first update for 2023 focuses on the most recent Small Business Optimism Index.
This index is at extremely low levels, which has historically correlated to a market bottom and a significant bull market in the years that follow.
Rob also reviews Tesla (TSLA), JP Morgan Chase (JPM), Gold (GLD) & Oil (USO).
Sections in this Video::
00:00 – Intro
00:43 – SPY
01:39 – Small Business Optimism Index
03:03 – TNX (Interest rates)
03:42 – US Dollar
04:36 – DIA
05:22 – QQQ
06:35 – IWM
07:46 – Bitcoin (BTC)
09:19 – Tesla (TSLA)
10:09 – JP Morgan Chase (JPM)
11:17 – Bed Bath & Beyond (BBBY)
12:17 – Gold (GLD)
13:06 – Oil (USO)
14:03 – EWA (Australia)
15:03 – EWC (Canada)
15:53 – INDA (India)
16:35 – EWG (Germany)
17:22 – TradeFinder

By EWO TraderPublished On: January 15, 20230 Comments on Will History Repeat Based Upon this Sentiment Measure? | S&P500 VIX Elliott Wave U.S. Market Update