NDQ
has traded back above the NECKLINE (from Head & Shoulders Break down) - Amazing!!!
DJI
has not traded above and neither has the $SPX.
In this chart we see the
SPX
illustrating the resemblance to 2022.
We've been showing this chart for some time now.
It's amazing how similar they are trading.
TYD
is running today (leveraged bonds ETF) likely an anticipated demand for "safety" causing #yields to fall.
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