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someone is predicting an important top in few weeks
Yesterday, 05:29 AM
Posted by
andr99
in Fearless Forecasters
I'm waiting for it in August-September...eom.
328 Views · 1 Replies ( Last reply by pdx5 )
What are the intermediate move internals saying here?
21 Apr 2026
Posted by
CLK
in Fearless Forecasters
I haven't been following internals, this market is very perplexing, I am just not sure if the 6 months sideways was a weekly bull flag or this blistering 3 week rally was just a throwback to the final retest.
Tight rising channel as we have had the last 2 weeks is what bull markets are made of, I am very leary expecting a bear market with this type of price action.
Powell has stated before that he does not equate the dotcom bubble with AI price action, he said dotcom had no earnings, AI does.
While some point single digit P/E's for chip stocks, S&P is over 40 P/E, I do not buy and hold a market with those overpriced numbers, I wish buyers well but not me.
Tight rising channel as we have had the last 2 weeks is what bull markets are made of, I am very leary expecting a bear market with this type of price action.
Powell has stated before that he does not equate the dotcom bubble with AI price action, he said dotcom had no earnings, AI does.
While some point single digit P/E's for chip stocks, S&P is over 40 P/E, I do not buy and hold a market with those overpriced numbers, I wish buyers well but not me.
331 Views · 4 Replies ( Last reply by 12SPX )
NASDAQ .382 target after complete W3
19 Apr 2026
Posted by
gemx
in Fearless Forecasters
https://wavegenius.p...-retrace-target
500 word article.
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