Market Squeeze seems to be confirming whether to go further or not with the Week

2024. 11. 8. 15:52U.S. Economic Stock Market Outlook

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Market Squeeze seems to be confirming whether to go further or not with the Weekly Close to keep commenting and is currently trying to nibble all the shortchin bears in July!

This month, QQQ 518-520 is versatile, and spies can reach around 600, but this is an option market standard, so I've been pushing through all the ranges so it could go up (because it's a squeeze)! I'm going to get off when people give up all the shots!

After 25 bps of today's rating, interest rates and dollars have been spikeed, and TLT has rebounded! It's crazy to do a rating when current rates are going up like this, but Powell is good at doing crazy things anyway, he gives a shot! Maybe Fed knows the economy is going to be smaller and more remote! If the economy is tight, they don't cut it!

Today's VIXX is still in the abyss, and of course, we'll have to look at it for another day. Since the market moves in the opposite direction of the majority, it's possible to overturn the chart in one day like recently!

First of all, technically, Jisoo is a bull and can go even further! But the fullback will come out!

Tesla looks like it can make a New High, but it's currently too extended and the Long Term chart is still at a disadvantage!

In the case of $KRE, I made a Bearish Harami Candle on the Daily Chart today, and this could be a huge drop!

When I see the red one and the small cap today, I think the fullback will come out soon! First of all, the technical is completely switched to VERIVERY BOLISH! Don't forget that regardless of the macro, the market goes, but later on, the fundamentals will follow!

Utilities and Gold Are Rebounding Today, but Trends Turn Downtrend!

When I look at everything, I think crash is inevitable, but it seems like there is still some time, but no one knows when it will be! That's why big money is going out in advance. I don't want to take that risk! For now, it looks like a movement to shake off the shorts before crash, and the market can go up until the shorts give up!

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