So, yesterday heads up was given that the US Equities (and pretty much global equities generally) have this week left of bullishness.
This was observed with a TD Bear Setup perfected completion, coming into a stall. What was not mentioned was that the leading indicators of JNK, TIP and TLT were already showing signs of imminent breakdown (to understand about these three leads, refer to the book: Anatomy of the Bear by Russell Napier)
So just wanted to show it more obviously here.
While the US Equities were in a bit of a stall to close slightly positive, the three leads were clearly Bearish in the candlestick patterns with a single wipeout bearish, near marubozu, down candlestick that wiped out at least three days to two weeks of gain.
This like a slap in the morning while we are at the sweetest part of the dream.
Heads up, wake up!
Btw, with this kind of risk-off, crypto would not be spared either.
Short, sharp, sweet...
This was observed with a TD Bear Setup perfected completion, coming into a stall. What was not mentioned was that the leading indicators of JNK, TIP and TLT were already showing signs of imminent breakdown (to understand about these three leads, refer to the book: Anatomy of the Bear by Russell Napier)
So just wanted to show it more obviously here.
While the US Equities were in a bit of a stall to close slightly positive, the three leads were clearly Bearish in the candlestick patterns with a single wipeout bearish, near marubozu, down candlestick that wiped out at least three days to two weeks of gain.
This like a slap in the morning while we are at the sweetest part of the dream.
Heads up, wake up!
Btw, with this kind of risk-off, crypto would not be spared either.
Short, sharp, sweet...
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Related publications
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.

