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S&P 500
5,070.55
(
0.00%
)
US TECH 100
17,131.20
(
0.76%
)
Dow Jones
38,503.69
(
0.00%
)
Brent Oil
87.37
(
-0.23%
)
Bitcoin
66,372.63
(
-0.06%
)
Post# of 8302
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baja6string

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baja6string

Re: frenchee post# 8196

Sunday, 02/13/2022 11:33:01 PM

Sunday, February 13, 2022 11:33:01 PM

Post# of 8302
The charts agreed with your assessment. The S&P 500 made a double top at 4589. Then the Russell 2000 failed to stay above its prior high. It looks like the S&P 500 will test its prior waterfall-low of 4327. The waterfall decline is usually the low, or near the low.
I saw a piece by Lance Roberts talking about the recent waterfall decline. Then Chris Ciovacco said we haven’t yet had a waterfall decline. I hope Chris is wrong.
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