23 replies to this topic

[redfoliage2]

EOM

[redfoliage2]

It looks setting up for a short squeeze next week .................

Edited by redfoliage2, 26 February 2021 - 03:43 PM.

[redfoliage2]

BYW, bond yields dropped about 7% today, the Fed has it under control as expected.........

Edited by redfoliage2, 26 February 2021 - 05:47 PM.

[blustar]

Agree. New highs by March 3/4. Important top imo

[redfoliage2]

Why March 3/4?  As long as the monetary policy and the fiscal policy remain supportive the bull trend will stay.  Forget about the bond yields the media is hyping on, just an excuse for another rinse and repeat.  More new highs before the March ends.......................

[redfoliage2]

Strong internals with tanking VIX today confirming the reversal from last week's low ..................

Edited by redfoliage2, 01 March 2021 - 10:31 AM.

[redfoliage2]

It looks setting up for a short squeeze next week .................

I warned bears on Friday that a short squeeze in the cards.  But this may be ST overdone.........................

Edited by redfoliage2, 01 March 2021 - 03:17 PM.

[redfoliage2]

Currently it's just doing VST consolidation and then to go higher  ..................

Edited by redfoliage2, 02 March 2021 - 12:49 PM.

[redfoliage2]

I see this swing up won't top before mid of the month and the signing of the the relief bill by WH and the FOMC meeting  ...............

Edited by redfoliage2, 02 March 2021 - 01:13 PM.

[redfoliage2]

I see this swing up won't top before mid of the month and the signing of the the relief bill by WH and the FOMC meeting  ...............

With fresh liquidity coming after the mid of the month it's hard to imagine the bull run will stop then ...............

Edited by redfoliage2, 03 March 2021 - 08:07 AM.