Bull or Bear? BTFD or STFR? TA look at Market direction

[Mr Cashflow]

[Mr Cashflow]

[Mr Cashflow]

[KW]

US markets are still firmly in the grips of the Bear.  Note that while Trump and tariffs are injecting volatility into the market, this sell off began back in December (the 18th if you wanted to be exact) when the Fed started talking about "stagflation" and the market realised that the priced in interest rate cuts werent going to be forthcoming after all. 

For the Nasdaq, the long term trend line meets the next support level somewhere around 14,350.  At which point it can hopefully form a base over a period of months (like it did in late 2022) from which a sustainable breakout can be set up.

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The Dow and S&P500 are similar 

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[BlackPeter]

US markets are still firmly in the grips of the Bear.  Note that while Trump and tariffs are injecting volatility into the market, this sell off began back in December (the 18th if you wanted to be exact) when the Fed started talking about "stagflation" and the market realised that the priced in interest rate cuts werent going to be forthcoming after all. 

For the Nasdaq, the long term trend line meets the next support level somewhere around 14,350.  At which point it can hopefully form a base over a period of months (like it did in late 2022) from which a sustainable breakout can be set up.

Not pretty.

But no reason to act as Trump appologist. Markets knew since the election in early November what is coming and just took their time to react. Clearly - he campaigned on introducing sky high tariffs, destroying the economy and on breaking human rights wherever he can, and this is what they are now getting.