Big selling on heavy volume last two days reversing post-fed meeting rally. Under the 20 day ema. Inflation and Omicron uncertainty still remain high. High growth tech which has the majority of the market share is tumbling. Only off the highs by ~2.5%.
could not be more agree with u. Here is the proof, market has already collapsed
CookieMonsterr04
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@CountLikeWallStreet, people should watch this video that Mr Count Like Wall Street was kind enough to make. Especially those using moving averages. While I am not a fan of elliott wave and do things a little different, this is very valid, especially how he is looking at wedges and shapes. The chart is a mathematical game... it's not rocket science if you do some reading, which Mr Count Like Wall Street has obviously done. Nice job!