RSI is building a topping pattern and we are near the end of a rising wedge on the weekly chart.
Waiting for the breakdown now. Already having 1/2 of my hedges in position.
New taxes on big tech by the Biden Government and Trumps final move are the risks for tech.
All the FAANGMAN stocks are showing signs of weakness.
Add to this the Inversion of the 2-10 TSY yield spread and Movement of VIX lately.
Waiting for the breakdown now. Already having 1/2 of my hedges in position.
New taxes on big tech by the Biden Government and Trumps final move are the risks for tech.
All the FAANGMAN stocks are showing signs of weakness.
Add to this the Inversion of the 2-10 TSY yield spread and Movement of VIX lately.