LeonDosSantos

July - August Bear Market Rally

OANDA:NAS100USD   US Nas 100
The Wyckoff Method is used to analyze this potential accumulation phase and bear market rally. Fed Rate hikes and dates are shown as important pivot points.
Although Macro Fundamentals are very bearish over the long term. Short-term secondary movements from a tactical point of view occur frequently.
Vix is breaking down, bond yields are breaking down, bond -equity correlation high,
Right Tail risk is very high, smart money hedged, and shorting the rip starting to become too easy. Time for a significant bm rally.
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.