Also Not a Healthy Look

Zoom's long-term chart, like Amazon's, shows a clear rising broadening pattern. February was the time to buy, but not now. This broadening pattern, like Amazon's also looks complete or virtually complete at this point. The pattern will usually resolve with a move to the lower channel, then a bounce, then a fall from the lower channel.

If people wonder why I am so bearish on the markets, it is because I see these patterns everywhere.