123Tom's TA study group

[BooDog]

There are cracks everywhere...

I posted this on Monday....

"Check out the bounce on the YEN. The markets continue to over perform as the Feds continue to dig our hole deeper and deeper.

Certainly debt based market can perform on "future expectation" though on thin air? It worked for Japan into negative interest rates but it isn't "ever ending".

The clock is ticking. And the inflation is only just beginning. Those that have been getting "free money" will feel the pinch even more, especially if they haven't been able to squirrel some away into savings. Though Biden will likely continue the handouts.

Crazy. No doubt about it.


https://finviz.com/futures_charts.ashx?p=d1&t=6J "

Many of the stocks I'm watching are still breaking support levels. I've been nibbling a few here and there though as I look more and more my charts are going further and further out. I'm thinking this pull back is far from over.