No doubt in my mind, that current rally in #SP500 and #equities is a counter-trend move - and that we will soon see a major deflationary CRASH. I have updated my SP500 outlook - some changes! Stay tuned for #HZupdates this afternoon. First - 88 km bike ride to Helsingør 👍
Back - a little tired - but feeling good! 🚴💪 Stay tuned for some #HZupdates - my perspectives on markets.
#Deflation phase is not over and done. #CRB tells this story. The decline from w4 top must have 5 waves and throw-over. We still need last leg before SECULAR BOTTOM. 
#Oil gives same picture. One more decline before SECULAR BOTTOM. Target ~8.5 USD. #Deflation phase not over and done! #HZupdates
Same message from #AUDUSD, which is an inflation gauge. Bottom not in yet. One more strong push down to <0.5. Support at level from ~2001. #HZupdates
Also #Wheat gives us the indication, that we will see one strong deflationary decline more. #Deflation not done yet! #HZupdates
And from #Sugar. #Deflation is not done! One more strong push down before Secular Bottom in #Commodities #HZupdates
So - with all commodities suggesting #Deflation to continue - why do we see a rally in #equities #SP500? My answer is: Because nothing drops in a straight line - and it is really about identifying which kind of correctional structure the CRASH we see will shape up
Current rally in #SP500 is a wave b (circle) of an "abc-structure" shaping up wave A. As soon as B (circle) tops (2933-3032ish), we will see a strong decline set in. Last deflation push down. Notice! Wave A shapes up the entire DEFLATION PHASE (from just below 3400 to ~1850)
LT perspective is still, that Deflationary phase is only first part of the crisis. After a strong bounce(!!) - feeling like "ALL CLEAR" - the market will again turn down during the #Stagflation phase - which will be prolonged. Updated target however at ~1400-1500 before LT-bottom
All for now! A lot more on my mind - but my son wants to have his room rearranged🙂Make sure to stay ready to jump onto my website, when it is up and running. New type of services will be included. Have a great Sunday!!
