The trendline goes back to the COVID selloff over a year ago

I want to note the trendline there has been adjusted twice, this break with the close below is different. The bottom then the first pullback were pretty far apart, they are getting closer together now. That trendline IMO is no longer in tact. Real weakness is surfacing now. The FED hinted at doing something no sooner than 2 years from now and the market has no idea what to do now.

I think they've run out of reasons to buy it up from here though