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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.