Market Signals For The US Stock Market And Indian Stock Market - Sunday, Nov. 29

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 the yield curve inverts into a recession. The critical levels to watch for the week are 3650 (up) and 3625 (down) on the S&P 500 and 13950 (up) and 12900 (down) on the Nifty. A significant breach of the above levels could trigger the next big move in the above markets. You can check out last week’s report for a comparison. Love your thoughts and feedback.

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