Wed 5/8/2024
Stock indexes have completed Elliott wave patterns to the upside, The short / bear ETFs I hold SH, PSQ, HDGE were either flat or up on a day when the DJIA rose 175 points but the advance decline was negative at .79. Momentum to the downside is growing
Only 40% of the NASD stocks are above their 50 day moving average, that is weak for an index near all time highs.
TLT long dated bonds
A ladder of orders, several orders at lower and lower prices should be placed for TLT. The ensuing rally should be impressive.
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