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Mar 14 All worries are gone now because we needed a bounce

Mar 14 All worries are gone now because we needed a bounce

$WEN $ETSY $CHWY

Mukund Mohan
March 14, 2025

Market

“Consumer sentiment dropped to the lowest level since 2012, which is over 13 years ago! The Michigan survey indicated inflation and tariffs are the biggest concern” 😊 😋

All indices went higher for the day, but lower for the week

To me this still feels like a bear trap. I am selling into strength and won’t be interested in taking long positions until I see a clear uptrend for 2 -3 sessions. In trading terms this is called “A Follow Through Day”.

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