cerealpatterns

sticks n stones may break my bones but chains n whips excite me.

Short
cerealpatterns Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
whats so problematic about nasdaq futures right now is the fundamental ask behind what i call good or bad credit (cheap/long v. expensive/short) and sellers are facing raising rates, which is willing to be fed by more 0 or negative rates in future. if you study the actual hawkish language behind the feds stance you will find its actually soft. the reason we had a runoff on the balance sheet last dec. (its been 11 months) was the incredible 2021 rally that was based on outdated models of payment and consumer discretionary spending, vehicles, travel and the like came to the fore as a broken way of paying 2020 debt. this is carrying over to a nightmare scenario around american saftey net spending (human infrastructure) which is insolvent. if us equities are going to keep the lights on they are going to leverage everything against additional spending while debt is cheap. bear nasdaq.
Trade closed: target reached:
coming into lower envelope short target achieved covering

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