Just yesterday, the line was drawn and by the close of the day/week, it was done... the line broke with a close below.
So, zooming out into the weekly charts, and we see the TD Sequential starts for a Buy Setup (means bullish till end of Setup). Projecting a simple waterfall scenario brings US equities down to target at the TDST, and meeting a confluence of several support levels.
Noted MACD crossed down as is RoVD tapering down too.
This is the simplest straight line outcome. Alternatively, might see a weak bounce for a lower high on the weekly charts and then the cliff fall in mid- to end-February.
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