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HOW WALL STREET AWARDS ITSELF LOFTY 42% RETURN IN 1 YEAR, WHILE 3.87 MILLION HUMAN BEINGS AND COUNTING HAVE BEEN DECIMATED BY COVID19

The Nasdaq Composite index chart on a month time scale in the month of May clearly defined bearish technicals and inputs to the stock market, having concluded the trading month with a LOWER HIGH, LOWER LOW and a candlestick pattern defined Hanging Man, that in itself defines a trend reversal signal with a sell signal follow up.

Assets managers and desk traders at large completely ignored the inputs generated at a broader index level in the Nasdaq Composite. The irrationality of the speculative Assets and stocks mania, becomes clearly visible when it comes to the technicals in the charts.