Replay: “Trade What You See” 7/2/25 with Larry – S&P and Crypto Tops, Super Biorhythms, and the Dollar’s Turn

Hey everyone—here’s the replay of today’s Trade What You See show with Larry. We had a great session diving into several key macro and technical developments across markets.

We started by looking at the S&P 500, which appears to be forming a potential topping pattern. This setup aligns closely with what I’m also seeing in the crypto space—especially in Bitcoin, where the long-term super biorhythm has peaked. These are not just short-term signals; the broader cycle alignment suggests we may be entering a period of transition and heightened risk.

I walked through the current state of the super biorhythms and how they’re guiding this analysis. Both equity and crypto markets are showing signs of fatigue as these longer-term timing cycles begin to roll over. At the same time, we’re seeing a bottoming phase begin to take shape in the US Dollar, which could serve as a key inflection point for global risk assets.

Another important topic we covered was inflation. I believe we’re approaching a point where inflation begins to reassert itself—quietly at first, as the official data lags the real economy. But between tariff pressures, supply dynamics, and the interest rate environment, it’s likely that inflation surprises to the upside into the second half of the year.

We also touched on the 10-year interest rate cycle, which suggests we may not be headed into a full-blown cutting cycle just yet. In fact, the model supports the idea of a pause—or even a modest grind higher—into 2026. That matches up with the macro narrative if inflation starts creeping back in due to tariff-driven costs and sticky wage dynamics.

One note—I was a bit under the weather today and losing my voice, so apologies if I sound rough in parts of the replay. But the content is all there and well worth the listen if you’re watching these turning points closely.

As always, thank you for tuning in. Feel free to send over any questions or comments. Let’s stay ahead of the curve.

-Shane