Implications from these symmetry patterns on many indexes is that a very serious reaction will occur here…most likely the end and unravelling of the rally from 2009. This pattern IS a termination pattern and high probability.
Fed SLOOS Survey: Banks reported Tighter Standards, Weaker Demand for
almost All Loan Types
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From the Federal Reserve: The April 2024 Senior Loan Officer Opinion Survey
on Bank Lending Practices
The April 2024 Senior Loan Officer Opinion Survey on ...
3 hours ago