10X CAPITAL POT

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10X CAPITAL POT
10X CAPITAL POT
From Recession to "Soft Landing" to "Safe Take-Off"? A Thrilling Market Transformation!

From Recession to "Soft Landing" to "Safe Take-Off"? A Thrilling Market Transformation!

July 9th 2023 UPDATE

Giovanni C.'s avatar
Giovanni C.
Jul 09, 2023
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10X CAPITAL POT
10X CAPITAL POT
From Recession to "Soft Landing" to "Safe Take-Off"? A Thrilling Market Transformation!
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Here is my weekly take on the markets.

Technicals

We are still in an uptrend as shown by the equal weight SP500 below. Yet… we are in a slippery environment. More on this below.

Technology taking a breath and it makes sense after such a strong move in 2023. Note the 4 weeks consolidation just above the 10-week moving average:

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