5 replies to this topic

[OEXCHAOS]

NAAIM and II didn't shift very Bearish at all. AAII got a bunch of Bears, but not much of a drop in Bulls.

 

That sure doesn't feel like an imminent low to me. The Relative VIX has me looking, but not much is giving me courage.

 

M

[chem]

Mark the breadth is showing a majority of stocks are up in price but the steep down channel is in control making for relentless selling on approach to the upper channel. Should continue until it breaks out of the channel until then relentless selling for any pops.

[chem]

^{Trying to wrap my head around how would the market get down to my expanded flat target of 2900 +/- 200 ideally August I was thinking black swan event but relentless selling by those in need of deep fed rate cuts may just get the snow ball rolling. If the hill is steep enough well you know...}

Edited by chem, 19 April 2024 - 11:27 AM.

[q4wer]

spx 2900 ?    interesting target   lol  

[cycletimer]

^{Trying to wrap my head around how would the market get down to my expanded flat target of 2900 +/- 200 ideally August I was thinking black swan event but relentless selling by those in need of deep fed rate cuts may just get the snow ball rolling. If the hill is steep enough well you know...}

RE: Black Swan….. Do not be surprised if there are multiple domestic terror attacks between May and September. There will be an “event.” Here’s one even further down a rabbit hole, do not be surprised if there is NO presidential election. I’ve been considering this for well over a year. Some sanctioned “event” that causes extreme fear, where no one will leave their homes, OR, Martial Law, OR, another round of lockdowns as a result of the next forthcoming Plandemic. I don’t have the answers, I’m simply providing a few scenarios that can happen. Today you can laugh at me and call me a Conspiracy Theorist. If one of these scenarios happen, you heard it here first.

[Rogerdodger]

CNN Fear & Greed Index
31 Friday's close
34 Previous close
46 1 week ago = Neutral
69 1 month ago
67 1 year ago

https://www.cnn.com/.../fear-and-greed