Equities Showing Increased Signs for a Downturn

25 ก.ย. 2023

Clear head and Shoulders pattern and 1T wiped out of equities on Friday!

4,350 is a very significant level following the year long dynamic trend from the Oct. '22 low.

I will closely look and potentially reduce my exposure in equities for short term T-Bills.

28 ก.ย. 2023

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SPX broke the major range and consolidating below. Bearish for me, specially if we break short term dynamic trend (see second picture)