Jump to content



Photo

And so the rally continues…


  • Please log in to reply
No replies to this topic

#1 ZIDANE

ZIDANE

    Member

  • Traders-Talk User
  • 761 posts

Posted 22 May 2026 - 12:05 AM

The parabolic phase of the greatest bull market in history is still well underway. Bears were thrown a rare bone but failed to do much with it as they were swiftly rug pulled. The recent healthy 3-day, 2-3% correction ended as quickly as it began, doing its job perfectly: resolving overbought technicals, flushing out weak hands, and getting plenty of traders beared up. Its amazing how many bears crawled out of the woodwork to call for tops, crashes, omens, and doom and gloom scenarios over a routine, shallow pullback. Folks were aggressively shorting, buying puts, and writing calls, all in hopes of nailing THE TOP. I hate to break it to them, but resisting the greatest bull market in history is a futile endeavor.

Ive mentioned before there will be minor dips along the way, but the underlying bid to this market is a force to be reckoned with. All dips will be bought. I would only be somewhat concerned if we see a correction greater than 5%, but the likelihood of that happening anytime soon is extremely slim.

Bears have been warned: New highs are imminent! The trend has been up, continues to be up, and remains up until proven otherwise.

Watch the sky, 😄