Even Fear/Greed Index hovering around extreme readings.
The last four times we've come out of an inverted yield curve and start to steepen, the US economy went into a recession.
Retail Bulls at their lowest levels since early November.
There might be some truth to this wacky long-term support level for Bitcoin - because so far it has yet to break.
Doesn't get much worse than these readings. Getting short here is a high risk setup.
Fed Balance sheet dropped another 55 billion in the month of December. For the year, they reduced the balance sheet by 838B. Still a long way to go to get to pre-Covid levels.
This market really had no choice but to bounce. It was way over done on the "everything else stocks".
Nasdaq heat map went scorch earth!