$SPY breaking channel up-trend. This is a big deal for the markets. I expect as much as a 20% drop from the highs in 2022. #StockMarket #Investing #TechnicalAnalysis pic.twitter.com/EpafDuS3uf

— Gareth Soloway (@GarethSoloway) January 18, 2022

$IWM is breaking below its July low today while the lower weekly BB is expanding down. With the next weekly cycle low being 2 weeks away we have a failed weekly cycle. At this point it means that the November high was the 7 year cycle high and IWM is in a bear market. pic.twitter.com/8eUOY4qzLr

— CyclesFan (@CyclesFan) January 18, 2022

#NDX, 1d

NDX + 50d EMA

NDX dropped below its 50dEMA, bounced, retested it (red arrow) and resumed its drop.

This could technically be the first major lower high of a new down trend. Will be confirmed if NDX drops below 15000 establishing a new lower low.

Decision time! pic.twitter.com/CqMpSxxSXr

— Yuriy Matso (@yuriymatso) January 18, 2022

JUST IN - Russia stock market (Moscow Exchange Index) down 6.5% in largest 24-hour plunge during the pandemic. pic.twitter.com/gm8jREWaoU

— Disclose.tv (@disclosetv) January 18, 2022

$RUT low on 1/29/21 was 2066.58. That’s the 52 week low mark.

Question is puke under for a Bear trap? Pretty good set up on that imo. pic.twitter.com/vIb9VlrJE8

— Beau (@Norseman1) January 18, 2022