2 replies to this topic

[OEXCHAOS]

My bottom spotters are going off. I'm not sure if they're saying "A low is near" or THE low is near. Also, I'd really like to see some capitulation from the Bulls.NAAIM saw some selling, but nothing crazy. AAII saw a bigger jump in Bears than drop in Bullish. That said, Speculators at Rydex are more Bearish than they have been since last April, and more Bearish than they were at any time during 2024.

I'm going to be nibbling more long here.

 

 

 

[Chilidawgz]

Several of mine are also signaling but, given the war/oil and rising interest rates on the ten, I think it would be a bounce and a continuation of the downtrend. The S&P 500 has put in a rolling top.

 

 

I put a few chart in the thread  

we should be close to a bullish reversal in trend

Edited by Chilidawgz, 13 March 2026 - 04:14 PM.

[ZIDANE]

Downtrend continuation? Not very likely, I think last week’s lows won’t be seen again for weeks or months to come. The SPX is barely down 3% from ATH’s 4 months after reaching 7k. It’s basically been flat and range bound since. This is not the sign of a major top.

War is also very good for the markets. Remember 2003 which happened to be one of the biggest stock market bottoms in history? That bottom coincided with the Iraq invasion which happened to be in early/mid March as well. The markets never really looked back until those 2003 lows got tested 6 years later. Naz support has held at least 3-4 times near QQQ $590…so now the path of least resistance is up till proven otherwise. I think we’re going to finally break out of this months long consolidation range and bears will be sorely disappointed they bet on the wrong horse when we’re at least 20-30% higher than today. Of course all bets will be off if recent swing lows get breached but I highly doubt they will.

Watch the sky!