Seems we have a bit more downside to this trend.

Lower highs and lower lows are never a good sign. Couple that with the hawkishness of the Fed and look out below. Geopolitical events are still weighing heavily on the markets, although on a short-term basis, these events are likely already priced into the market as volatility has reverted. Please note, the views from this post should not be misconstrued as investment advice.
Trend Analysis

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