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Lots of long lower shadow and slightly lower low so still could be the low was in or near.
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Serenity wrote:looks like retest of financial sector/ Bank from March 24th hit the low and it is accumalating now. let's see if the market goes up for now.
Bank sectors struggling 10 points above March 24th. Liquidity needs to come to the market to push the market up.
Last edited by Serenity on Tue Apr 25, 2023 10:19 am, edited 1 time in total.
This is a chart of the SHORT QQQ. I would think we would need a couple or 3 bars above this line. However, it does give me pause for playing on the long side....
Bear Porn warning:
Long term Big Picture is not good here. Quarterly. Market needs 4200+ by june 30. Market is on the clock. Lower bollinger in play if she don't. imho. very important times.
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EMA20 now is the bear's last chance to make another leg down.
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