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Let's make a bet. If today's high is the intermittent top, I win and you shall refrain from posting here for 1 month. But if I lose I shall do the same, deal?

No it does not. SPX is only an indicator derived from some mathematical formula(s) not the sum of exact prices of 500 companies. So approximations count (ie. visual eye-balling).

I don't think the exact filling of the gap matters, but the visual eye-balling gap filling...

QQQ don't matter Jack when it comes to chart reading. It because QQQ not tied to the stock market interrupter (circuit breaker) but the SP500. So QQQ has no weight in anything where trading is concerned...

Maybe my eyes playing tricks on me, but it seems we filled the last big gap made last month. It's only because China hosted the Olympics this year we can expect a hard landing this coming Winter. So nope Mr. Market hasn't bottomed yet. More importantly Mr. Market hasn't even given the market...

Market will bottom sometime this coming Winter. Can pick it within 5% accuracy if you go by the chart patterns. Ignore subjective stuff like it must be the bottom because everyone else believes market will continue to tank. Just look at the chart, it will tell you within 5% accuracy when to...

Laptops are the way to go. I don't recommend any desktop monitors for trading now. They're all trying for ever increasing color space and Windows don't support this increase system wide. The only PCs that can take advantage of the new monitors capabilities are Macs. Most people don't own...

OK, so just a little update. After getting my Huawei Matebook laptop, I finally realize what the problem with Lenovo monitors is. Lenovo boasts sRGB 99% for most of their monitors. Whats up these OEMs? MSI even goes up to 110%-120% sRGB for their monitors. Anyways, because these monitors...

Too many gaps need to be filled. By the end of Friday, market should be looking all rosy and warm. This just to prevent frustrated people from going out and shooting people over 3-day break. Then look out below when market resumes on Tuesday...

Anyone who thinks this bear market is over or over soon is clearly mistaken. Them boys wanna drag the bear fight into the Winter season to reap the most benefits from SAD (Seasonally Affective Disorder). Also, them fund managers are just too too damn greedy. A rise from SP500 4000 to 6000...

China 2008 - Aug-Mar stock crash China 2022 - Feb (of this year)-Mar (of next year) stock crash When it's a G7 nation holding the Olympics, can expect a full bull run for a few years. When it's China holding the Olympics, the bear market begins (but quickly ends in 1 year because nothing goes...

Don't you just hate it when PPT obliged to stage a fake rally prior to a long weekend holiday to prevent people frustrated with their investments from going out on a mass shooting spree? And then gives it all back some days later? You can tell if the beginning of a bull run is real or not by...

LOL. US army requires everyone to read The Art of War by Sun Tzu Chinese general. It's the most basic thing to join US military. If you want to be a trader and you don't or never read the works of Nicolas Darvas, Jesse Livermore, and William O'Neil, then you ain't gonna be a trader. Those 3...

If anyone never read Jesse Livermore's Reminisciences of a Stock Operator, or didn't read it properly the first time, I will post it again here: There's a short paragraph in that work (more like a side story) talking about some indicisive investor at a crucial crossroad in world affairs. He...

Nope. To gain something like a multi-year bull market a price must be paid. Nothing comes for free in this world. The price that must be paid is a few US soldier's casualties on the battlefield. Nothing drives the stock market up like mad when US soldier's lives are at risk because Mr...

Market can't fool nobody. Difference between 2008 and 2022 was Beijing held the Olympics right next to depression (aka SAD syndrome) season. Took Sept Oct Nov Dec Jan Mar (6 months) for the hard crash and market bottom. Now in 2022, just apply the same logic. Beijing held the Olympics in...

I guess you didn't read the book properly. The book talked about a chap who wondered if he should go bullish on the markets. He looked at his upturned hat, saw that the hat maker had the initials WAR (or something like that) and thought that was a sign by providence...

Anyone who has ever read Jesse Livermore's Reminisciences of a Stock Operator knows WAR makes the stocks go UP. BUT, the only kind of WAR which has this effect of uplifting the stock market for a multi-YEAR bull run is the kind where the USA puts American soldier's lives at risk on the...

If we go by 2008, SP500 dies from 1550 to 666. The equivalent drop would see SP500 die from 4800 to 2062! Not a far cry from 1700!

The market rarely stops at such perfect numbers as 50%...