18 % bulls 59% bears

AAII
#2
Posted 23 June 2022 - 07:02 AM
good for the bounce we called as loudly as we could.....
forever and only a V-E-N-E-T-K-E-N - langbard
#3
Posted 23 June 2022 - 09:22 AM
I think more than a bounce, low is probably in.
#4
Posted 23 June 2022 - 10:06 AM
II is also more beared-up. Well down in Buy territory.
But take a look at the Fundamental Bears over time. That's good tell too.
Mark
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#5
Posted 23 June 2022 - 10:20 AM
FF -- SPX follows the red red line (377 look back) until it approaches the declining 200d sma -- sep/oct time frame. Followed by the 90 year cycle searching for a bottom.
Edited by chem, 23 June 2022 - 10:22 AM.
#6
Posted 23 June 2022 - 10:47 AM
I think more than a bounce, low is probably in.
On what time scale?
Fib
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“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
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#7
Posted 23 June 2022 - 12:49 PM
#8
Posted 23 June 2022 - 10:22 PM
I think more than a bounce, low is probably in.
On what time scale?
Fib
Very possible that its a IT low and maybe LT. Oil really was the hang up for this market and we are down to 104 on WTI. Yields now have downward pressure. Right now its buy the dip to make $$$ IMHO.
#9
Posted 23 June 2022 - 11:29 PM
I think more than a bounce, low is probably in.
On what time scale?
Fib
Very possible that its a IT low and maybe LT. Oil really was the hang up for this market and we are down to 104 on WTI. Yields now have downward pressure. Right now its buy the dip to make $$$ IMHO.
Fair enough...and duly noted.
Just remember you could be very right in this opinion...but you're timing might be wrong.
Don't force it...let it come to you.
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