Lot of gap downs, lot of rallies getting faded. Bears are cautiously in control. News can change things in an instant. I do believe we are closer to the end of this correction, but geopolitical issues are starting to come up that may keep things suppressed or sideways. Biggest risk/reward is aiming for a rally up by EOM. Perhaps when bad news takes a break. We...
Look, Spy is bullish and that makes bears really mad. They have to resort to Elliot Wave Theory, "Hidden" bearish divergence (its so hidden, its plastered all over the internet) and calling it a scam. NEWSFLASH It is a scam. Why fight it? Anyone who hopped on calls Last friday has made their next 3 years of profits inside of a shortened holiday week. What did...
There’s really not much left to say. Spy will finish retracing the feds rate decision and blast off to new highs. Big names are either regaining their ground ( NASDAQ:TSLA , NASDAQ:MSFT ) or leading the way ( NASDAQ:AAPL , NASDAQ:NVDA ). Anyone looking to get short or calling for a dump are people who were calling for 550 and are now 50 points underwater🫡 I...