looks good for a drop and continuation of the weakness
1200 points to go ... bears are in control for now.
#LQQS 3X short is a vehicle that i own as a hedge to my long exposure on crypto
Close under 363 on 3XQ's and the reversal will be fulfilled.
Targets below are significantly lower/
SMH may try to make up some ground on a FAB Funding for USA.
Short lived BS Noise.
ES has trade sub 4441, should it close beneath, we have
a confirmed reversal.
VIX has a Micro target today of 20.55 for SEP CT.
TLT will complete Gap Fills.
DX remains...
This is a a very interesting chart today, on the left we have the SPX as of present time (monthly), in the middle we have the SPX/ GOLD ratio (monthly) and on the right we have the SPX chart during the period of the tech wreck (monthly) from 1996-2001.
SPX: Then and Now
Firstly i want to draw your attention to the previously stated rising support and...
Call me crazy, but there appears to be a tremendous similarity between the price action now, and during the late 90's and 2000 tech wreck, there is one key difference, that is the 2000 price action topped out and rolled over after the final wave up, whereas the 2019-20 market found a friend with the fed's injection of liquidity into the repo markets.
The end to...
