$AMZN blowoff short into seasonal selloff

Seasonality ends for June somewhere around the FOMC statement with a slight pullback into the end of the month. This looks like a classic blowoff wave here and we may need to come back to test previous support.

I predict that the buying frenzy into this FOMC statement in tech and banks was predicated on national reopenings as well as the seasonal effect in election years.

Comment:

$DJI in election years shows a slight pullback near the June FOMC into the end of the month before resuming the buying trend.

Comment:

Yield curves are dropping fast today with seasonality, not good.

Comment:

Bond 10YR seasonality shows a big buy around the June FOMC into the summer

Trade closed manually:

Trade stopped out break even. Short tech, get wrekt.