IWM is breaking down below it's January 2023 Wave 2 (c) channel. This suggests that Wave 3 down is in its initial stages. Let's see if SPY and QQQ can follow, if so, than next Tuesday's pre-Open CPI Report could be a barn burner. IWM SPX: SPY Sell Pending VIX: VIX Buy Pending DJIA - Intermediate Term Sell - closing in The DJI looks to be just a couple of 1% down days away from triggering its own Sell Signal on its Intermediate Term Trend Model. In other words, one or two bad days can lead to a slew of bearish signals for the stock market. What's ahead in "a couple of days?" Valentines Day Massacre - Feb 14,1929 Bitcoin - Join the crowd 10 Year Yield: Sneaking Up - Hint of a CPI surprise?
