Stock Markets on the Verge of a Breakdown! Do you still buy the dip? – Chart Attack!

Technically, the US Stock Markets are following our technicals. The channel trendlines that I have been highlighting are of upmost importance for us. Depending on how the markets close today, we will have an answer to determine whether a new downtrend is coming, or if we continue the uptrend. Perhaps Powell can talk back his hawkish tone, but we also have retail sales and CPI data to look forward too.

Enjoy!