MACD broke out of falling wedge, rising accumulation underneath since June, bullish continuation next Target $5.50.
Inverse H&S pattern on the Weekly chart with a breakout price target $20.5.
Clear bearish divergence on the weekly, VIX also moving higher with the general market.
I believe the top is in for equities. Bearish Rising Wedge pattern on ES vs. Bullish Falling Wedge pattern on VIX. ES RSI also getting rejected at Feb 19th level and now turning down.
Daily HSI H&S pattern confirmed MACD crossed below target @22500.
Trump escalates Trade War with China. Clear cup and handle pattern breakout points to higher USD. More deflation coming.
US10Y heading to negative by Q1 2021. The bottleneck of current economy is not lenders not willing to lend, but borrowers not willing to borrow.
The Shanghai bear market started Jun '15 it has since made lower highs & lower lows. The market is still respecting the downtrend channel so far and it's forming similar pattern vs. Mar '18 with a downside target of 1850 (Jun '13 low) also the lower channel support.