Full Bear Mode in the $QQQ $NDX Right Now

Let’s F’in Go Baby! After being bullish at the lows on Christmas Eve I have been pretty Bearish since 7040ish and continue to remain so. With GDP set to be slowing Y/Y in the US equity markets are out of sync and this was a nasty short squeeze to the upside. With a break of the rising trend I am looking at continuous lower highs to continue here and the retracement begin back into the 200 day MA.

This NINE WEEK RALLY is long overdue for a pullback and whoever is buying after NINE STRAIGHT UP WEEKS are just looking

About the author: HeyImSnuffles Snuffles

Just Climbing the Wall of Worry and Picking the Right Time to Get out of the Way. I am a Nuclear Engineer who quit and has studied global and crypto markets for almost a decade.