2023 Forecast stocks including Road Map for IT type moves
consolidation now - In video gave targets/timing/form for that
- then DOWN to retest the lows 3600
- Then a weak IT bounce ..similar to 2022 type
- then DOWN to new bear lows either
1. is DOWN but similar to 2022 .with bigger IT bounces and hold 3300 in 2023 OR
2. is DOWN but massive down leg I went over in video with 3300 the key level as described with 2800 min, 2200 high odds.
I mentioned this Long video ( see link above) I did in Jan 2022 explaining the calls for 2022, but you can skip 53 minutes for calls for start of Bear Market (Primary) , big rise in commodity prices (K-spring) and year long sell off in Bonds - all 3 occurred! - CRB hit 330!, bonds sold off all 2022..and stocks entered bear market - this seems obvious NOw in hindsight but wasn’t at time I made those calls Jan 2022!
CRB call - Jan 12 for year - Move up from 230 to 280min - 320max ..here's how chart played out.
2023 Market Forecast