For weeks now, Yellen has used her witch-like powers to keep the /RTY from breaking its Fibonacci. The old biddy couldn’t do it anymore, and it finally – thank God – broke today. This is important.
![](https://slopeofhope.com/wp-content/uploads/2024/01/lrtysupp-640x345.png)
We have now entered a new trading zone. I remain fully positioned short across six positions, and am sitting tight.
![](https://slopeofhope.com/wp-content/uploads/2024/01/newzione-640x359.png)
I suspect that, sometime this year, Tom Lee is going to discover a whole new meaning to “Power Bottom.”
![](https://i.ytimg.com/vi/7NsawcXQeWI/sddefault.jpg)