The Wilshire 5000 has broken its ascending triangle pattern. This is a bearish development. The NASDAQ is more than 10% off its all-time high. Things are heating up. The covid narrative is waning, as even Boris “Knucklehead” Johnson is promising an end to all COVAIDS mandates. We’ll see about that.
The COVID narrative may be waning which means the financial collapse scenario will likely be rolled out here shortly. The global cabal can no longer panic the world with covid how about a good old financial panic? Its primed and insiders have been selling for many, many months at quite a clip.
At the moment, the best count remains the extended (5) for the Wilshire 5000. I know I kind of gave up on that a bit as blue Minor 2 almost made a new high, but the early November high has held. Now all we need is some panic to the downside.
No panic at all in the VIX and the CPCE is primed for upside finally.
I had the Nikkei topping and then it developed this strange contracting triangle pattern where it has no business being and now the triangle is broken which is bearish.
