M2 Money Stock
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Bottoming of 70s correlated to 2022

Assumptions:
- Taking into account 70s
- Vertical line at the point where a recession start ( SPX500 start to retrace) and M2SL make new low

When Bottom:
- Interest rate start to decline, it's imply easy to borrow money, the stock growth quickly
- Inflation start to decline

In 2022 the market is in similar situation but not identical:
- inflation may be at peak
- Interest rate have to growth more due to prevision (strong economy and low unemployment), in the market there are to much liquidity printed in the last 2 year
- high probable the interest continue to grow, to reduce the dollar supply and inflation.
Economic CyclesTrend Analysis

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