Major weakness in US markets: broken troughs and earnings

Late 2022 bull manager sneak attack on retail & dont look for early bull trends, yet

Youre witnessing what happens when investors throw their money away in mainstream retail funds.

I talk to people everyday that are investing and reinvesting, and its nuts.

On Monday there was an idea for a rally of the 20 day cycle, and the idea that we could expect the peak of the 20 week cycle, post FED data.

I had a loss on the 400 long SPY 0.00%↑ trade idea. But it was followed up correctly with ideas on failure in the market continuously and continually to today.

But back to that 20 day cycle rally… that rally is most definitely over as we are now quite clearly very bearish and heading into a final daily cycle low of at least 20 week magnitude, perhaps 80 week in duration, due February.

As a reminder, 80 week cycles happen on time and follow earnings cycles, and the trend is provided by: fundamental interaction (i.e. #Fed, Cash) with the markets from sources that create pseudo-trend.

I think the next bottoming of this upcoming 80 week cycle will provide opportunity and perhaps new trend direction… on fundamental interaction. Looking for early 2023 bull trends is not a good idea, because there is another 80 week cycle further after this one ends in February. And it will sting worse without that Fundamental Interaction of cash and Fed.

Regards

Derek