May 27, 2021: One Final Uptick In Equities; We May Be Selling By Monday-Tuesday Next Week
Original post:
-https://twitter.com/RobertPBalan1/status/1397915440446271505?s=20 -1/X
-1/X Beam's schemata on on the RTY I believe shows we are on a typical penultimate consolidation sequence, and that likely will be followed by a sharp uptick in equities, maybe the final one for this week. 2/X The 10yr yield may have already made a trough, but a subsequent test of its lows should allow one final uptick in equities.
3/X May 27, 2021: If the seasonality of liquidity flows call the shots again, equities should roll over lower for a week or so. Which of course means that we should be quick to take some profits, when/if given the opportunity.
4/4 By Monday/Tuesday, we may be looking for opportunities on the downside again. If the liquidity seasonality is indeed peaking, then this is no time to B&H longs. We could be selling big soon. Also important to heed red flags from this model which is at my Seeking Alpha and TWTR profile 24 X 7.
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