Chart – US Inflation Rate Testing a 100 Year Old Trend-Line. What Happens to the Stock Market Next?

According to TradingShot from Tradingview, the Inflation Rate (orange trend-line) is testing a 100 year old trendline. The last time it was there was the around April 1980! This all started back in July 1920 where the reading was around 24. The next lower high came in around 1947 in May at around 20. Connecting …