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Friday, March 29, 2024

3 WTF Charts

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Bad breadth, flaccid flow, and bonds bid – what could possibly go wrong?

The negative divergences are mounting…

Breadth is not at all supportive…

h/t Brad Wishak of NewEdge

“Smart money” Flow is decidely the wrong way…

And bonds are well bid…

BTFWTF – it could only be a non-economic indiscriminate buyer of last resort… the desperate to shrink their float and flatter EPS – corporate buybacks.

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