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Strategies & Market Trends : Humble1 and Swing Trading Friends
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rdkflorida2
To: humble1 who wrote (38772)3/21/2023 6:27:55 PM
From: humble11 Recommendation   of 41035
 
Make that New Moon on the Equinox. Quite a wick on the RUT candle. Hmmmm ….

See link back for chart.

And the SPX kissed the underbelly of the 50 day sma and the RSI:

Message 34198949

So Powell is going to tell everyone that the Fed has “tools” to deal with the banking crisis, with Yellen in the background saying regional and small bank deposits will be protected.

However, IMHO!, those are symptoms. The problem is disappearing liquidity as shown by declining M2 and other metrics.
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