Growing increasingly Grim as Economic Growth is being proceeded to Market. Destruction of Price remains the Power Side of the Trade. _____________________________________________________________________ The NQ has an Exteniosn Price Objective down to 13158 as well, the PO's slightly about should 13706 say Adieu. Neckline snapped like a Spring Chicken,...
At 3X this levered beast falls apart when it's ready. 152.88 to 116.47 was a Fantastic Trade. We believe there is more to come and are patiently awaiting our Large Fills above.
We have Objectives for VXN int he 35-40 Range into October - November. With Put Protection on Varying Instruments within TECH from Retail traders at one of the highest in Months in play, they will attempt tp squeeze protection as Crammer has once again led the sheep into the Dip. Institutions are concerned as they are UNABLE TO ATTRACT DEGENRATE GAMBLERS....
Algo alerted me of a nice possible bearish set up, im going to take this trade as a hedge against my dollar shorts
Green line is CA10Y bond minus the average of the 5,2,1 and 3 month.
BAC is doing ok for now, but if they hit by another Financial crisis, guess what, they will be gone.
Just a heads up NA is pretty close to a fall looks like. RSI is very high almost over 75.00 and it has exceeded my predictions on fib retracement. Pretty soon gonna fall!
Best performer = National Bank Worst performer = Scotiabank