The Stock Market is Flashing a BIG Fat Warning Sign!

 

The OP has been trolling this forum for years. It seems many fall for it.

Makes a great fade. Do not discourage a reliable fade from posting.

 

mutually beneficial relationship - some enjoy trolling and some being trolled.

For what it's worth and all that, but once again you don't have money flow on your side for any downside break. Currently, the trend of both breadth and volume continue to suggest further upside into mid February, so you may want to re-examine your forecast/count without the geopolitical distractions that are usually part of every "wall of worry" since the dawn of man.

 

Fib

How sure are you of this position and please explain with comprehensive charts your position. Everything I'm reading says you are dead wrong. 

I believe a lot of people are going to owe me an apology on this forum! Let's see who are the real men here!

Everyone's is worthy of an opinion no matter what and unless its a gentle rib here and there unless your going to put your opinion out there and stick with it with trades posted everyone should be quiet.

 

For what it's worth and all that, but once again you don't have money flow on your side for any downside break. Currently, the trend of both breadth and volume continue to suggest further upside into mid February, so you may want to re-examine your forecast/count without the geopolitical distractions that are usually part of every "wall of worry" since the dawn of man.

 

How sure are you of this position and please explain with comprehensive charts your position. Everything I'm reading says you are dead wrong.

<shrug>

I have shared the why's and reasons so many times with you directly in the past (including this referenced post), but you've evidently decided to reject all of it by default. So I'm not going to waste my time here with explanation, but you're more than welcome to review a recent years worth of breadth chart analysis at the following link for further guidance and digestion: https://tinyurl.com/2fbopua3

Bottom line is: unless the flow of investment capital is leading price in the direction of what you're forecasting, it's not likely to turn out the way you believe it should. And though trap door events can happen from time to time, even if there is a bearish ambush (like today), current market internal buoyancy will keep things in check for another couple of weeks. Honestly, in my opinion, if you just added breadth dynamics to your arsenal, you would have better and more consistent forecasts to compliment your Elliott Wave and Astro analysis without the drama. It's always been about supply and demand...vacuums sequences are not the norm in this business...there is always order in the perceived chaos.

Now...after reading the last year's of market reviews, if you do have any direct questions, I am always, and without prejudice, available for discussion. But you really do need to at least make an effort. Believe it or not, I have ALWAYS wanted you to succeed as with everyone here at Traders-Talk. I try to pay it forward for I don't want technical analysis to ever die, but very few today want to put in the time and work ethic when you can just buy a software program to do the work for you or, simply, have someone tell you what to do.. Anyone can drive an automatic transmission, but if it push can to shove and you had to work with a stick, you're not likely to get very far. 

Fib

 

 

For what it's worth and all that, but once again you don't have money flow on your side for any downside break. Currently, the trend of both breadth and volume continue to suggest further upside into mid February, so you may want to re-examine your forecast/count without the geopolitical distractions that are usually part of every "wall of worry" since the dawn of man.

 

How sure are you of this position and please explain with comprehensive charts your position. Everything I'm reading says you are dead wrong.

Bottom line is: unless the flow of investment capital is leading price in the direction of what you're forecasting, it's not likely to turn out the way you believe it should. And though trap door events can happen from time to time, even if there is a bearish ambush (like today), current market internal buoyancy will keep things in check for another couple of weeks.

Once again, the market talks very eloquently of its intentions.

It's our job as analysts to listen to what it's saying while keeping any emotional biases from clouding our personal expectations.

Fib