What a crazy ride this has been the past week.
life is funny and makes things a little more difficult right before there is a break through.
IDK what the narrative will be here in the next couple of days/weeks though this is coming down no matter what.
The music will stop all together or pause briefly for a quick rush to the chairs like a nice game of musical chairs.
Technicals are all mostly bearish and even though markets have been pushing to ATH theres a serious divergence in technicals.
VIX is noice and cheap and a good time to take some profits off the table.
Good ol Jeffery Bezos sold 166,000,000 worth of stock on the first of this month along with other major CEOs that have been selling the past couple of weeks.
"A CMF sell signal occurs when price action develops a higher high into overbought zones, with the CMF diverging with a lower high and beginning to fall."
www.sec.gov/Archives...xslF345X03/form4.xml AMAZON CEO
www.sec.gov/Archives.../xslF345X03/doc4.xml GOOGLE CEO
www.sec.gov/Archives...03_4-zuckerberg3.xml FACEBOOK CEO
www.sec.gov/Archives...300_4-zuckerberg.xml FACEBOOK CEO
That's all folks
life is funny and makes things a little more difficult right before there is a break through.
IDK what the narrative will be here in the next couple of days/weeks though this is coming down no matter what.
The music will stop all together or pause briefly for a quick rush to the chairs like a nice game of musical chairs.
Technicals are all mostly bearish and even though markets have been pushing to ATH theres a serious divergence in technicals.
VIX is noice and cheap and a good time to take some profits off the table.
Good ol Jeffery Bezos sold 166,000,000 worth of stock on the first of this month along with other major CEOs that have been selling the past couple of weeks.
"A CMF sell signal occurs when price action develops a higher high into overbought zones, with the CMF diverging with a lower high and beginning to fall."
www.sec.gov/Archives...xslF345X03/form4.xml AMAZON CEO
www.sec.gov/Archives.../xslF345X03/doc4.xml GOOGLE CEO
www.sec.gov/Archives...03_4-zuckerberg3.xml FACEBOOK CEO
www.sec.gov/Archives...300_4-zuckerberg.xml FACEBOOK CEO
That's all folks