....a breaking down in equities are about to happen, and market participants remain glued to the green Dow futures.
Real-time "Trend Update" - Normally, I post this chart at the end of the week but since the trend for $IWM has now flipped to DOWN, sharing this in real-time. Price has closed below the red line and my portfolio is now hedged.
https://x.com/saxena_puru/status/1780723835857514580
Since late Feb, we've been focused on $SPX 5050 as a "line in the sand". Anything above that level is a brief pullback, anything below brings a high likelihood of much deeper drawdown. Currently trading lower and a close below this level = quite bearish.
https://x.com/DKellerCMT/status/1780624916087242886
$SPX $SPY at the support. if this doesnt hold, 4930-4915 next ...
https://x.com/xtrends/status/1780690882947096969
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Its Over, page-21344
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