Combined US Indexes slammed into the wall…
Bear in mind that the most obvious is the clearest (pun not intended).
The combined weekly charts stalled and reversed to breakdown hard and fast. Technical point to more downside, after a relief bounce due soon. This September already starts to look really bad for the equity markets.
The daily support will be tested, and expected to eventually break. Then the weekly long term support would be duly tested, will it break?
Tides are changed, more to come…
The combined weekly charts stalled and reversed to breakdown hard and fast. Technical point to more downside, after a relief bounce due soon. This September already starts to look really bad for the equity markets.
The daily support will be tested, and expected to eventually break. Then the weekly long term support would be duly tested, will it break?
Tides are changed, more to come…
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