DOW / NASDAQ
Bear Market signals persist.
When the DOW begins to outperform on the downside,
we have a clear indication of a lengthy BEAR Market.
It's just beginning.
Counter Trends are a normal course in prolonged Trends.
The ONLY real reversal... QE:
Global Central Banks began withdrawing Liquidity via RRP's since July of 2021.
The contraction made a controlled contraction below 0 into a negative range
well below the Peak Monthly 1.5T down to 300B and on down to 0 in January,
going - 250B during the 3rd week of January - they have maintained the drain
since this time... it is remained between -$180 to -255B to the present.
Lows into October 2023 imho.
When the DOW begins to outperform on the downside,
we have a clear indication of a lengthy BEAR Market.
It's just beginning.
Counter Trends are a normal course in prolonged Trends.
The ONLY real reversal... QE:
Global Central Banks began withdrawing Liquidity via RRP's since July of 2021.
The contraction made a controlled contraction below 0 into a negative range
well below the Peak Monthly 1.5T down to 300B and on down to 0 in January,
going - 250B during the 3rd week of January - they have maintained the drain
since this time... it is remained between -$180 to -255B to the present.
Lows into October 2023 imho.
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