NQ - 10Yr Trigger @ 1.545

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We indicated the SELL for NQ would return once the 10 Year Note Yield Tripped the
Line in the Sand @ 1.545.

Here we are, after a 100 Tick closing SELL during Black Betty Hour... the Globex
AL.Ghouls were unable to halt the decline as it gained momentum overnight.

TLT will wake up in the 142s on its way to the 130s, ZN is attempting not to take
the dive, it will eventually trade catch up.

For months we indicated Rates on the 10 Year Note would be the catalyst as the
Bond Market began to revolt and Price-In Inflation and a great many other issues.

If you are new here, please do not assume, go back, and read the prior commentary.

As the Events we have previously outlined continue to unfold, Yields will increase
their ROCs, placing immense pressures on the Equity Complex.

The Markets are Broken Arrows, waiting for detonation. And yet there remains a very
healthy does of participants who remain stuck in the prior 18 months.

They are simply the Energy needed for further downside to Price Objectives which
have been discussed repeatedly - consistent visitors know them.

We opened our NQ SELLs as the 10Yr Appeared as if it would Trip the LIS from yesterday
evening.

PuckBunny contacted me via PM as she SOLD watching the 1.545 Level break. Nice work
young Lady, congratulations.

Hopefully, you joined us.

We closed our NQ STOs @ 14436 earlier and are back to 96.26% CASH, waiting for the next
entry.

Until Friday, it would appear Retracements are giving way to the next move down as the
Lower Trendline now resides @ 14011 with the next Price Objective @ 14197.

As we indicated, VX would accelerate and with it, Ranges would expand.

We saw Price Dip into 14725 .50% RT, but fall well short of the .618.

14588 is the 50% and the .618 @ 14627 from the Highs of yesterday to Lows.
The continuation of the Trend will depend on this morning's Macro Data.






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NQ has taken out the WEEKLY 21 EMA.
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