Just an interesting study using arcs and Fib retracements. Using BRK for an overall proxy for our markets to gain insights as to if we may be nearing a generational top.
This chart suggests to me that we may be closer to some sort of top than we are to the beginning of a new secular bull market as some have suggested.
TQQQ broke through the two previously established levels of support and past our focus line, we're hoping for some more weakness before the getting in for the bounce.
