• 695 days Will The ECB Continue To Hike Rates?
  • 696 days Forbes: Aramco Remains Largest Company In The Middle East
  • 697 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,097 days Could Crypto Overtake Traditional Investment?
  • 1,102 days Americans Still Quitting Jobs At Record Pace
  • 1,104 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,107 days Is The Dollar Too Strong?
  • 1,107 days Big Tech Disappoints Investors on Earnings Calls
  • 1,108 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,110 days China Is Quietly Trying To Distance Itself From Russia
  • 1,110 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,114 days Crypto Investors Won Big In 2021
  • 1,114 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,115 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,117 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,118 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,121 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,122 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,122 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,124 days Are NFTs About To Take Over Gaming?
Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

  1. Home
  2. Markets
  3. Other

Major Market Stress Remains - Update

As we commented before, the market pressure is intense.

Below, is the current updated P&F Chart of the Institutional "core holdings".

Note how it has broken below its rising wedge's support line. This represents a high danger condition for the current market or down the road.

Yesterday, the Institutional "core holdings" rose and held inside a triangular pattern and slightly inside the rising wedge pattern. We need an upside breakout of the small triangular pattern for short term relief from the breach of the rising wedge pattern.

 

Back to homepage

Leave a comment

Leave a comment