We are witnessing the greatest melt up in history unfold in realtime. When its all said and done, dont be surprised if we see a 2000 dotcom type blowoff top unfold. Multiple red days or even a few red candles are a thing of the past. There is a relentless underlying bid to this market, the likes of which have never been seen before.

But this time, it really is different. The markets are being led by companies with massive revenues and profits, facilitated by multiple revolutionary tech booms unlike the dotcom era when the vast majority of stocks leading the runup were purely speculative and/or unprofitable. And the scary thing (if youre a bear that is), there might not even be a top anytime in the foreseeable future. I can see this market going absolutely ballistic for months to come. But at the very least, and this is a fairly conservative estimate, we should easily see the markets explode another 25-30% from current levels before we can even think about an IT top.

The only way the bull case would be invalidated is if somehow the previous Dec/Jan ATHs failed to hold support but Id give that less than a 1% chance of happening before another 25-30% melt up. At this point, its going to take a black swan / Hindenburg type of event to shock the market into a new downtrend. I dont see that happening anytime soon.

TLDR: Shed your bear suit and get out of the bulls way before you get run over. The path of least resistance is up and remains up until proven otherwise. All dips are buying opportunities. Were going higher, much higher.

Watch the sky! 😂😂😂

it's because people try as hardly as they can to make things the more complicate that it's possible for them.

 

It's something I see everywhere, even in math world. 

 

example of complication 1 :

 

 

simple solution : the two equations are simmetric in x and y, so that it's clear that it must be x=y 

 

the first equation becomes then : x^2 - x = 31 which is easily solved by the well known formula of the second order equation that even a 10 years old kid knows. 

 

example of complication 2 : 

 

 

simple solution : divide the second equation by the first. It will result c/a=2 or c=2a. Substitute c=2a in the third equation and you will get 2a^2 = 30 or a^2=15 which means that a

 

is equal to the square root of 15. Substitute it in the first equation and you get b, then substitute b in the second equation and you get c. 

 

 

CONCLUSION : KEEP IT SIMPLE IF YOU WANT TO BE IN THE LITTLE 2% OF WINNING TRADERS. 

 

 

   

With oil over $100 from $65, it's is only a matter of time before
inflation induced recession is here.

https://wavegeniuspr...akout-last-week

Was it because of the /ES selloff? Can it regroup or more selling to come. (JMHO)

 

https://schrts.co/PHEkxKjm