2022-10-13

Hottest CPI Since August 1982

That'll do it.

Here's BTC on the verge of collapse. I think it gets going sub-$18,000. Holding on right now along with stocks. I'm always paranoid about rallies and one could come in the morning, but I think the market will be busted from here into the tradable low that could be days away.

I'm keeping an eye out for all the stocks sitting on major support lines such as Boeing, FedEx and so on.

EEM lost final support in premarket. I drew a line just in case that cuts through the $32 area, but after that the only thing I see is the March 2020 low that is 16 percent lower. That isn't really support, but it could prove to be considering that's about the max decline I expect for the market here.

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