mortdiggiddy

$AMZN blowoff short into seasonal selloff

Kort
mortdiggiddy Uppdaterad   
NASDAQ:AMZN   Amazon.com
Seasonality ends for June somewhere around the FOMC statement with a slight pullback into the end of the month. This looks like a classic blowoff wave here and we may need to come back to test previous support.

I predict that the buying frenzy into this FOMC statement in tech and banks was predicated on national reopenings as well as the seasonal effect in election years.
Kommentera:
$DJI in election years shows a slight pullback near the June FOMC into the end of the month before resuming the buying trend.
Kommentera:
Yield curves are dropping fast today with seasonality, not good.

Kommentera:
Bond 10YR seasonality shows a big buy around the June FOMC into the summer
Trade stängt manuellt:
Trade stopped out break even. Short tech, get wrekt.

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