Is it a car, plane, spaceship? No! It is a transportation crash!
The traditional indicator of a bear market, transports, has officially broken through major support. (What wedge is there left?) When everything collides at once, high *everything* prices, high interest rates, high credit card debt, high social anxiety, and majority of bears are deathly silent, on a foundation of bull !@#$ and 0dte options (mostly bullish), what could go wrong?
Transports leading the way down...
Almost all sectors breaking primary support...
Bonds continue to crash past 50% from ATHs...
VIX soaring...
Zilch put OI and volume on the daily...
Secondary top formation on most indices, ie. EW wave 3 possibly incoming...
What could go wrong?
Hint: GICs are at 5%. A year ago they were barely 1%. Get some.
Transports leading the way down...
Almost all sectors breaking primary support...
Bonds continue to crash past 50% from ATHs...
VIX soaring...
Zilch put OI and volume on the daily...
Secondary top formation on most indices, ie. EW wave 3 possibly incoming...
What could go wrong?
Hint: GICs are at 5%. A year ago they were barely 1%. Get some.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.