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17 Jul 2023

NASDAQ is trading in the upper part of the steep trend channel

NASDAQ is trading in the upper part of the steep trend channel. Note the shooting star candle today, a classical candle that should be observed closely post strong short term trends. One candle doesn't make a "case", but watch for a possible confirmation session. Source: TME, Refinitiv

14 Jul 2023

The NASDAQ (in yellow) has been massively decoupling from the FED balance sheet (in purple)

Source: The Market Ear, Refinitiv

14 Jul 2023

Nasdaq vs Yield Curve

Source: AmplifyME/ Anthony Cheung

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