NQ bearish bear flag, triple top, ascending wedge
Updated
Very bearish setup, I'm just having trouble trusting it after the power the bulls displayed.
This it folks, Fed unloading $83 billion dollars of its balance sheet for the first time in a long time, pension re balancing next week - I am calling the generational top right here.
We will never see these levels again with the onset of the boomer cohort retiring.
This it folks, Fed unloading $83 billion dollars of its balance sheet for the first time in a long time, pension re balancing next week - I am calling the generational top right here.
We will never see these levels again with the onset of the boomer cohort retiring.
Note
Hilarious.Note
A move to 10,400 breaches 3 sigma bands on the daily, an absolute exuberant blow off top, QQQ spreads with both hands there.Note
If this doesn't break down between today and tomorrow, I am literally giving up on TA because this market is so disconnected that it's a waste of time.Note
4hr pinging too now
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