poppop6

poppop6

LT trend still in tact. sell tips buy treasuries

poppop6

Look familiar? Odds favor a double top in this spread

poppop6

Under 339 you have to be bearish. Above 339 you have to be bullish. Also, broken rising wedge I wonder how @allstarcharts see this

poppop6

Target would be around the prior high and be a retest of support. Would be perfect

poppop6

I bet few will vote for downward resolution

poppop6

Heavy commercial short positions in copper at these levels. Be patient and let it play out

poppop6

better get long with stop under the low

poppop6

LOL, crazy train.

poppop6

Extremely overbought. I am short qqq and long iwm on an outright basis

poppop6

right here? Long-term investors would do well to take profits and or protect your position via puts or covered calls

poppop6

Eifel Tower moment in the making? time to exit the growth trade and buy some value ala Buffett in 99'

poppop6

QQQ is at its widest distance from 200 ma ever! Warning. Major pullback is immenent.

poppop6

This shows the internal weakness of the market in general. Spy and $qqq being powered by less than 10 stocks

poppop6

It could explode to 60 or it could implode. Keep tight stops on this

poppop6

Good luck with that.

poppop6

I gotta hunch (pun intended) this pans out.

poppop6

The last time growth got this extended vs value, it did not end well. Start paring back your bets on iwf and start moving some into iwd

poppop6

And it did not go well. Watch 241 level If that fails it could get ugly.