Support held exactly as thought last week, any solid close below the bottom trendline, will usher in the next selling phase.
The bounce or correction on Friday has hurled us towards a target of around 33700ish...any upward move between here and the target is your dream selling zone if not already short.
A higher degree wave three down will break support and a cascade of selling could take us down quickly towards the October lows.
The world we used to recognise is gone long ago. The past three years have accelerated the globalists push to control all and everything under their "Covid" or "Climate change" imaginations or illusions. This agenda will not stop, it's primary purpose is fear and control...a permission slip to enforce draconian measures on the populaces energy, food and finances...we are in it already through inflation.
It's nothing short of a totalitarian takedown of the system and the blind and ignorant masses just don't see it yet, preferring their short term freedoms and comforts over long term rational that clearly warns of the coming calamity....they want you hungry, broke and dead.
Our focus is to prepare for this breakdown, this is not 2008 where after the dust settles, the phoenix rises again...this is the end of the great economic cycle, forget the future you planned.
You can do something about it, do not comply, show them defiance of their tyranny.
We are many and they are few, folks are waking up to the lies and deceptions the past few years and they know it...this worries these parasites and their answer is another major event to distract.
Get yourself gold or silver now, it's paramount you at least hedge against a beast that has decimated many countries before the West, now a global contagion will evaporate the remaining currencies into the ground like all before in history. Luckily, we are living still in an age of instant news and opinions, trust me on precious metals in your hand.
You also should have a stock of food supplies etc, this is not alarmist, 2020 caught out many...that was the rehearsal or trial.
The rally should fizzle out by later this week and a resumption of the bear market could turn very ugly later this month.
Appreciate a thumbs up and Good Trading & God Bless you all!