Late Aug or Sept for bottom
We need to see how it gets there to get a number.
S&P weekly next post ... same for RUT and Dow
https://stockcharts....id=p62753726749
Edited by Dex, 19 June 2020 - 05:29 PM.
Posted 19 June 2020 - 05:26 PM
Late Aug or Sept for bottom
We need to see how it gets there to get a number.
S&P weekly next post ... same for RUT and Dow
https://stockcharts....id=p62753726749
Edited by Dex, 19 June 2020 - 05:29 PM.
Posted 19 June 2020 - 05:28 PM
Posted 19 June 2020 - 05:30 PM
Posted 19 June 2020 - 05:42 PM
This will be over next week, new ATH's into end of July.
Posted 19 June 2020 - 06:45 PM
This will be over next week, new ATH's into end of July.
No way.
- Virus close down fears rise, governors tighten up in some states, hospitals get near max
- China trade talks go nowhere
- North Korea heats up
- Fear of Trump loss
- Opening euphoria subsides
- Island reversal in most indexes
- Business bankruptcies suprise
- Business delay opening
- Initial uptick in retail shopping/eating goes away.
In short, the market is priced for perfection - not reality.
Posted 19 June 2020 - 09:20 PM
watch the sky.....
mixing fa and ta is like adding water to gasoline ...ur market engine wont go
opex decline is starting 3 days of fear for the price of one bears are so easy
https://www.siliconi...rchtxt=lathered
Edited by da_cheif, 19 June 2020 - 09:25 PM.
Posted 19 June 2020 - 09:24 PM
The QQQ chart looks so bullish right now, it could be discounting a vaccine in the next 5 minutes. That sounds insane, but it wouldn't be that much of a stretch. QQQ chart is the leading edge of the equity market.....multiple new ATHs in June so far. And looking at a broader AD line on the SPX, the entire virus thing looks like just a vanilla flavored correction. There's nothing bearish about it at all.
Edited by LMF, 19 June 2020 - 09:28 PM.
Posted 19 June 2020 - 09:42 PM
watch the sky.....
mixing fa and ta is like adding water to gasoline ...ur market engine wont go
opex decline is starting 3 days of fear for the price of one bears are so easy
The owl is on the roof.
Posted 19 June 2020 - 10:31 PM
another superstition........lololol wwii korea vietnam. asian crisis.....oil crisis crash of 87 ....wtc.........housing collapse....continental illinois collapse WTC take down COVID....gimme more of them OWLS ON DA RUEFF LMAO
Edited by da_cheif, 19 June 2020 - 10:32 PM.
Posted 20 June 2020 - 12:41 AM