YM - DOW INDU Buzz LightyearThe Transports do not look good.
Globally - the Baltic Dry Index appears
very poor.
Sentiment for Value?
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Bear MArket rally hats are being put on.
"Technically" it looks good according to the
"Good" or "Positive" for a CT/RT.
Have at it, enjoy the fear of no further
consequences to come... at least short term...
We'll see.
I'm certain that's incorrect.
Trans
NQ Trans - DOW Trans Divergence - 3xDOW Transportation is not confirming the rise in YM DIA DOW INDU.
NQ Trans is holding its own for now.
Semi (SMH) is showing immense declines in availability of Semiconductors.
Disruptions affecting EPS will come into play in Q3 EPS.
Simply look at APPL, M2 and M1X ARMs are delayed.
AMD has reached its peak EPS as well.
INTC is sourcing Via its own FABs beginning in 2023/2024.
TECH will be wrecked - Tick Tock.
Tesla, pushing Berlin / Texas ramp up as Sales go off the cliff.