I noticed a large waterfall sell off of both 2year and 10year. What was reason behind such a volatile move?
One month time frame showing a deep correction to form a nice double top making the first possible trend line for qqq on a one month time frame.
Dead cat bounce in the last 2 weeks from a bullish speculation that bottom is in and fed will pivot. China reopening to spike inflation, prolong the time of terminal rate and turn a soft landing into a hard landing. Fed will remain hawkish into 2024 and market will trade sideways until further evidence of the scale of recession. No technical data to support this...