There are alot of brand new kids.who post on here. You read your twitter feeds, your redit groups and quite frankly, its pretty humorous what you say. A lot of emotional kids to. OMG.. the market cant fall... its got the infrastructure bill. You watch CNBC and read, not even the garbage like marketwatch, you do worse, you read twitter and watch other kids making youtube videos. Read some books. Thomas Bulkowski is pretty much the mastermind of the market. How charts are done. Go read some of his books. Stop following the clueless around. If you can't look at this chart and see that SPY has a far, far, far drop in its future... I don't know what to tell you. If you are watching the one hour time frame, you better be day trading. If you are using moving averages, just give up. You are clueless and need to get an actual education on the market. Remember, the higher time frames are your friend. The weekly, the daily and the four hour. The four hour is the gold standard. The weekly tells you a lot about what is going on. Most of you have no clue how to even draw trendlines. I wont mention names but there are many of you. Do you know how to find price targets? What to look for in a chart to find it? The information is there. Enjoy kids. I highly recommend you go read some books and stop following the sheep around. Its pretty humorous and you are not doing yourself any justice.
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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.