AVZ chart, page-12908

Keep in mind a couple of big macro events coming up, on top of the geo political issues.

US Feb CPI Thurs US time, Impacts Friday here. This data will no doubt feed into Fed meeting rates decision and commentary post meating 16th US, affects Thurs 17th here.

Oil prices feeding into inflation appears to biggest concern. May have impacted the last week of Feb.

Certainly get the feeling that the US markets are hanging out for direction from J Powell.

NAS index pretty much retraces to the .382 fib last week from covid low to Nov 21 high. A double bottom here may also signify markets put in at this level post fed meeting may be a good sign.

FA certainly gone out the window on a lot of stocks and TA individual stocks will be overridden by any major moves due to above.

IMO DYOR

GLTAH




NAS March 2020 - NOV 2021 Retrace