Counter Trend Rally nears End

 4/1/026

the large panel is a textbok example of a five wave decline and then an A B C Wave 2 rebound. The rebound has been strong, typical of bear markets

 

PSQ short the NDX 100 or QQ has retraced a FIB 38% of its rally.  Wave three up for bear fnds and Wave three down for major market indexes should begin soon.  From a social mood standpoint, Trump's speech tonight might be a perfect kick-off to a third wave down in the markets, the exact opposite of what he hopes for.  despite all the targeting, Iran still controls the Strait. And he failed to get Allies or the American pubic on board. Now Allies balk and the public is angry at Mr.  I will lower gasoline prices and stay out of foreign wars. 

Here are the bear funds, I will recommend a strong position on a reversal in these markets

Bear Funds

Symbol            Name

HDGE            Hedge

PSQ              short NDX

DWSH          Dwight                Short NASD

RWM            Short Russell 2000

Bond prices have yet to really crack, let' see if the next move gets things going

Silver is too erratic to invest. 

Wal Mart WMT is a bell weather stock to watch, it has been spectacular the last year, weakness will be further bear confirmation.