JasontryHarder

US Equity Market could bottom out soon

Long
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
TLT
From a post view to analyze the market these days, "everybody" knows from the media that the reason is "fear of hyperinflation"
But how much inflation is high enough and when does this correction ends?
jump into my conclusion : the correction is ending soon.
Why?
there are 5 reasons to look for :
1 correction was triggered by diving T-note, looking at TLT, since the broke out from a 2B at early Feb, it accelerated, but approaching pre-pandenmic level.
2 raw material price on the massive run since last year, Copper and Crude oil had their times, but is approaching previous resistance
3 looking at nasdaq, 2Hr and 4Hr had made new lows but with MACD divergence
4 catalyst could be the freezing weather that send crude to the sky and the priced in stim bill, with dead line approaching, there still a big uncertainty in this, so could triggers some risk aversion
5 Nasdaq is approaching 12/18 quad witching support

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.