Updated

Sorry, my last post was marked private

I had urged caution and patience in my last post on Sunday July 10th and forgot to change it from private to public. I'm trying to repost a screenshot here.

Note

to quote:

Based on previous momentum, this is how things currently line up. Sorry its a bit messy but theres a bunch of lines for how we got to where we are. If I had one thing to highlight here, its simply, be patient. There's always more downside risk than upside until the market finds its next impetus. And there won't be a large correction unless there is a mass exodus out of all equities. We are a bit overvalued but that is okay as long as most people can accept that and procrastinate any profit taking -- which we still are -- in a state of greed before a reckoning everyone seems to know is coming but wants to make as much money before as possible.

Note

Yes but still

Note

pogicraft

I usually try not to tell you what to do -- too crowded there. I'll point out what price points/trends/patterns the pros are looking at and let you interpret what that means for your portfolio.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

pogicraft

I usually try not to tell you what to do -- too crowded there. I'll point out what price points/trends/patterns the pros are looking at and let you interpret what that means for your portfolio.

Also on: