Look at the reverse repo at this point. 1.5 Trillion dollars. Banks wont buy stocks at these levels. What do you think that means? Time to bring it down. Listen to the chart. Stop with your emotions and the trolls around here. The this passed.. this is about to happen, yadda yadda yadda. Keep reading CNBC or Marketwatch or whatever garbage you read or watch. The best is those who use twitter or reddit groups and I know there are many of you. Or the idiots who look at the stock charts of overseas to try and gauge what their stock will do at open. Kids... thats all they are. The chart tells it all if you know how to read it. No indicators, unless you are trying to put on a show to disguise how to really read a chart.
Anyway, the chart says it which is what is most important. But lets just add that 1.5 Trillion that banks wont use to buy stocks because they are to high. What do you think that means for stock prices? Who controls the market? Not you with your little account. Thats right.. the big boys do. Buckle up kids... the show is about to begin. With that said.. I am looking for 472ish on SPY before we begin.... If we just flush past the 465 level, I will be a little on the side of not seeing 472 but I think we will.
It's about to begin...... let's do this! Bye bulls...... the bears own this show!
Poppa Bear
Anyway, the chart says it which is what is most important. But lets just add that 1.5 Trillion that banks wont use to buy stocks because they are to high. What do you think that means for stock prices? Who controls the market? Not you with your little account. Thats right.. the big boys do. Buckle up kids... the show is about to begin. With that said.. I am looking for 472ish on SPY before we begin.... If we just flush past the 465 level, I will be a little on the side of not seeing 472 but I think we will.
It's about to begin...... let's do this! Bye bulls...... the bears own this show!
Poppa Bear
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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.