To The Moon

U.S. Treasury yields soared and stocks ended lower as Fed Chairman Jerome Powell poured a bucket of ice water on Wall Street's dovish sentiments with a stern tone. Based on the overbought levels territory, the longest rally of $S&P 500(.SPX)$ since 2004 that was just around the corner came to an abrupt end. Look at the ETFs tickers, 13 bear ETFs stocks rose over 2%+ According to trading volume as of Thursday's close, only 3 ETFs $Nasdaq100 Bear 3X ETF(SQQQ)$ , $S&P 500 Bear 3X ETF(SPXU)$ , $VIX Short-Term Futures 1.5X ETF(UVXY)$ gained more than 2% in the ETFs list. Does the U.S. stocks still need to fall? I saw some analysts point out that $S&P 500(.SPX)$ $10-YR T-NOTE - main 2312(ZNmain)$ synchronicity. Image And the $S&P 500(.SPX)$ is very oversold at 1h... The major indexes $S&P 500(.SPX)$ have 2 gaps to fill from the rally. After the strong surge up, bulls would prefer to see the right shoulder pullback of the potential inverse head & shoulders have a more shallow pullback than all the way back down to the lower end of the left shoulder. @ Wade Sickler What’s more, The trading volume of $Nasdaq100 Bear 3X ETF(SQQQ)$, $VIX Short-Term Futures 1.5X ETF(UVXY)$ , $S&P 500 Bear 3X ETF(SPXU)$has been enlarged to a certain extent. Seems they will continue to be day trade winners in short term? But in the long term: there are still some positive signals for the U.S. stock market. $S&P 500(.SPX)$ US equity funds saw $7.66bn inflows over the past week, which suggests that investors are confident in the potential returns of the US stock market Image Over the course of the past year, aggregate US liquidity has remained neutral, which can be seen as a positive sign for US stocks and may inspire confidence in market participants. Image