Why the S&P 500 Could Be Headed to 2,500

The video discusses recent market trends, highlighting a significant sell-off across various asset classes, including the S&P 500, which experienced its worst month since 2015. The analysis covers the impact of rising interest rates and macroeconomic factors, such as China's economic influence and upcoming midterm elections. Technical analysis is provided, focusing on market patterns and potential future movements. The video also explores the correlation between currency pairs, particularly the New Zealand dollar, and market dynamics.

What is the significance of the chart mentioned by Joe Perry regarding the S&P 500?

What is the expected impact on the New Zealand dollar if stocks decline?