In my post on Wednesday 19th Feb I was looking at the very nice looking topping setups on SPX, QQQ and DIA and somewhat less nice topping setup on IWM, and in my post yesterday I reviewed those, which have now all broken down with the exception of the big double top pattern on DIA.
I don’t discuss politics much generally but given the news bomb action we have seen in recent weeks and the rapid changes we are seeing in the economic and political structure of the world around us this year, I want to talk briefly about Trump and the tariffs that he is currently very keen on imposing on many or all of those who trade with the US.
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