Finally today, the main trend line of the complete rally of March is broken down and closed lower. See the zoomed view within the box. The hard effort to take it back above the line too did not workout. It looks like it was only a preparation to hit harder "knowingly".
Look around the markets. In the second fig, I have given the relevant parts of DOW, NASDAQ, S&P and NASDAQ. You can see that everyone except NASDAQ has broken down. Now it is the tern of NASDAQ to follow suit. That will be the real end…
The only question remaining is, when the avalanche will start…
We will wait with our fingers crossed…
