Stock Markets Analysis and Opinion
Taking Out Last Week: Futures Swimming In A Sea Of Red
2022.04.18 09:41
Well, I had become accustomed to Sunday being the Everything Green day, as the deeply-embedded psychosis always commenced each and every new week.
What a refreshing change to see a sea of red. We’ve taken out last week’s lowest levels for the /ES…………
ES Chart
……and the /NQ……….
NQ Chart
…….but the small caps /RTY is more of a challenge:
RTY Chart
All of this being driven by U.S. Bonds being turned into one-ply toilet paper, as the entire universe realizes that the 13 year lie foisted upon the investing world has fully run its course.
ZB Chart
I have 20% cash to possibly deploy into new positions. Let’s see what kind of monkey business they’re going to pull between now and the cash open………
