Market Signals For The US Stock Market And Indian Stock Market - Monday, Jan. 11

We are entering a multi-year great depression. The markets are still trading well over 3 standard deviations above their long-term averages from which corrections usually result. Tail risk has been very high of late as interest rates plunge into a recession. The critical levels to watch for the week are 3840 (up) and 3810 (down) on the S&P 500 and 14400 (up) and 14250 (down) on the Nifty. A significant breach of the above levels could trigger the next big move in the above markets.

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Disclaimer: The views expressed here are my own and must not be taken as advice to buy or sell securities.

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