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#1 andr99

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Posted 20 January 2023 - 03:21 PM

I know how it feels like as I felt it before as well. It was years ago. It's the central banks that move indexes, not the poor salaries of the working class, the middle classes disappearing or whatever. Central banks do what they want with indexes and for sure they don't mind of the lower classes as no one of them comes from there


Edited by andr99, 20 January 2023 - 03:26 PM.

forever and only a V-E-N-E-T-K-E-N - langbard


#2 Rogerdodger

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Posted 20 January 2023 - 03:35 PM

BEARS? WHERE?

AAII has the least bears since April's TOP!

Bull to bear ratio is similar to the August and the late September top.

 

(I wonder what a Monday gap up would do?)


Edited by Rogerdodger, 20 January 2023 - 03:42 PM.


#3 andr99

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Posted 20 January 2023 - 03:37 PM

AAII has the least bears since April's TOP!

 

they all escaped to reach this forum


forever and only a V-E-N-E-T-K-E-N - langbard


#4 andr99

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Posted 20 January 2023 - 04:04 PM

now tell me that today's rise is the typical action of a bear market


forever and only a V-E-N-E-T-K-E-N - langbard


#5 steadyquest

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Posted 20 January 2023 - 06:33 PM

Okay - today's rise is the typical action of a bear market.  Couldn't resist.

 

This looks so obvious - how can the marlket possibly go anyway but down from here?

 

Maybe it's the start of the blow-off setup for the invasion of taiwan or the nuking of ukraine or whatever stupid excuse they come up with for the crash.

 

Bears-done.png

 

spy.png

 

spy-hdge.png

 

nya-hdge.png



#6 K Wave

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Posted 21 January 2023 - 09:00 AM

NAZ not even close to a bull market yet, and still looks amazingly like Sep 5 1930...

 

But.....should bulls make it past the next week or so with 11400 on NDX still standing, you could turn out to be right andr99

 

Dow 1930 after huge bubble top...about a little over a year after the initial top, the Great Bear began.

 

 

Naz today...one last little bump left to get everyone super bullish and then they pull the rug?? Very common for a top to initially start down, then ream all the early bears with one last ramp, before they break the pivot for good.

 


Edited by K Wave, 21 January 2023 - 09:05 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#7 K Wave

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Posted 21 January 2023 - 09:04 AM

By the way, that Dow chart went to 32...not sayin' that type of wipeout will happen again, but after the biggest funny money bubble in history.............


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#8 K Wave

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Posted 21 January 2023 - 09:37 AM

This is what, at this point in time, I believe is a real possibility on REIT

 

 

What I will be watching for going forward, assuming we do get the final pop, is a breach of the 5 min line post-pop for the signal that bears are going to give it a go at a possibly huge turn.

 

Was dead right about the final pop on UNH to 560 called in advance (558 actually) being the end of the line....see if REIT turns out as well near 2400.

 

reit.png


Edited by K Wave, 21 January 2023 - 09:38 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#9 K Wave

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Posted 21 January 2023 - 09:48 AM

And, since I ALWAYS have plan B, a bullish outcome on REIT would be that the hourly back test on REIT on Friday HOLDS past next week, and that 2 hour resistance is taken out near 2400...and things start to to sync up to the upside.

 

Bears actually have a fairly short time window to accomplish what they need to here....and certainly not impossible for them to do so....but I have to see specific things to get back in bear mode after the pivot on Friday.

 


Edited by K Wave, 21 January 2023 - 09:54 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#10 12SPX

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Posted 21 January 2023 - 12:10 PM

now tell me that today's rise is the typical action of a bear market

Typical of a grind market, not a bull, not a bear, a grinding market!!!