Ten Broken Trends

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The last few days have been very important, because we’re finally getting a meaningful number of trendline failures. These are no trivial trendlines, either: they are all the big ones from the March 23 2020 bottom. Read ’em and leap:

slopechart DIA
slopechart EFA
slopechart ITB
slopechart IWM
slopechart MDY
slopechart OEF
slopechart QQQ
slopechart SMH
slopechart SPY
slopechart XLI