All evidence suggests that…
the market is fragile, at risk of crashing at any time and with DeMark SETUP / SEQUENTIALS not yet complete.
Obviously we have to wait until at least the latter are complete: it is useless to anticipate in such a difficult environment
Always a look at the USD and the returns that are the real game changers of the current phase: the rest comes as a result
Making a summary we must therefore wait until next week to have the complete signals of the DeMark strategy (now the first signals are coming but the SEQUENTIALS I prefer are still missing)
We need to prepare because everything can happen quickly: both a fast crash and an equally fast and sudden reversal (and if we started talking about peace talks in Ukraine, what would happen to the markets for example?)
S&P 500 daily has the Sequential Countdown on day 8 of 13 with a couple of other signals that are not as significant as the Sequential.
NDX index daily continues lower with the Sequential on day 10 of 13