InvestorsHub Logo

farooq

01/18/22 4:20 PM

#412 RE: farooq #411

Signal for today totally proven to be wrong with 9% Loss.
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.