still think this week is the top and it will last the rest of the year. SPX is a little higher than I thought, but I'm not bullish. (JMHO)
#1
Posted 17 April 2021 - 06:07 PM
#2
Posted 17 April 2021 - 09:38 PM
#3
Posted 17 April 2021 - 10:45 PM
Looks good for a major top.
#4
Posted 18 April 2021 - 03:12 AM
It would be highly advantageous for everyone concerned to have breadth of market leading to the downside before fearlessly making any further “major” topping forecasts.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#5
Posted 18 April 2021 - 04:31 AM
#6
Posted 18 April 2021 - 06:52 PM
It would be highly advantageous for everyone concerned to have breadth of market leading to the downside before fearlessly making any further “major” topping forecasts.
Fib
In general, any dips in a parabolic bull are buying opportunities. And this market does not have bad breath, yet
If I was younger, I would be buying every dip with both fists.
#7
Posted 18 April 2021 - 07:10 PM
Everybody in! The water is fine! (but, as FIB said, breadth is good right now. When this does pop, shorts are gonna feast)
Edited by Chilidawgz, 18 April 2021 - 07:12 PM.
#8
Posted 19 April 2021 - 06:11 AM
The top for growth tech was definitely 2 months ago. Not sure how those would be any kind of leading indicator, but it's still a pretty nasty near market there, many names down 50%+, of course, many had went up like 1000% in a year for what it's worth.
#9
Posted 19 April 2021 - 12:05 PM
Just be careful O'l friend... as long as their injecting money on so many levels tuff to call a top an to have one we will need to continually have bad news. Im expecting down into Tuesday but only 4050-4080 then a run to 4250.00
That's definitely a possibility . Previous high is 4191,, usually when it gets near a century mark, it pulls back then hits it. Print of 4200 tells the bulls anything is possible. (EOM)