Except that bear market in Tech and Russell 2000 has started I could not figure out any other thing for drop. Fed is not supporting market so they think people will spend less but that can cause recession. It is supply based inflation so they should not interfere as they have no tools to correct this problem and they admit it in testimony.
Market has no liquidity, big player are step aside.
Selling at close is 90% bad omen for next days.
Signal is short but I am on sideline.
Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.
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