My 401k is Livin’ in Biden’s Paradise.
The percentage of NYSE stocks closing above the 200 day moving average has collapsed to 13.48% as The Fed tightens to fight Bidenflation.
Bollinger Bands? The lower band is near breaking.
Fibonacci retracement? NOT retracing.
Elliott Wave? I feel like I am at the bottom at Nazare, Portugal.
Ichimoku cloud? The NYA index is so far below the cloud it has landed.
Yes, I feel like my 401k is surfing at Nazare, Portugal.
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