Unhappy Face Pattern

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The ridiculous public company WeWork continues to crumble to lifetime lows in the midst of its unhappy face pattern:


Of course, some faces are more unhappy than others.

Education for the soul. Yeah, RIGHT!

Anyway. it’s been a while since I’ve been so disinterested in the market. From January 4 to January 24, inclusive, we had a nice, steady downdraft, but since then, we had the recovery and, for the past four days, an absolute bore-fest of awfulness. Total, total snoozer. I’m seriously spending my time working on my fiction instead of the market (which is a fiction of its own).

At this point, I think the Fibonacci retracements are a good guide as to important support/resistance levels, and I further think Thursday morning’s pre-market CPI number will finally wrench this market out of its doldrums. Until then……………zzzzzzzzzzzzzzzzzzzz……………….

slopechart SPX