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The last 6 to 7 times over the last 10 yrs are different this time around. Rates are now higher, QE is being withdrawn here and in Europe, record low unemployment, inflation, etc...the list goes on and on. We could get a bounce higher when hitting 2330-2400. How high will we go...2700-2770...

Not a bear mkt! Dude come on. Don’t cloud your thinking with nonsense like that. You are way smarter than that.

How glad are you that you puked your long portfolio like 300 pts ago. You’re welcome!

What an ugly tape

Yellen and her uber dovish policies are to blame for this mkt vol.

Lol

How so? I see a pattern and plan the trade accordingly. If it does not work out I get out and figure out next set up. I don’t keep holding on because I have an opinion.

We are heading to 2518 at the open

I have no idea if there is any way to determine that. I believe a majority of volume is driven by algos that buy and sell all day long on news and technicals. That to me has the biggest influence on the daily mkt moves we see.

Not sure what you mean by atm. So you are thinking the selling pressure is mainly driven by longs liquidating?

Trading what you think instead of what you see is the kiss of death. The pattern in the mkt is very similar to 2007 -2009. You’ll get a bounce but don’t believe we are going to see new all time highs until a major correction occurs. And yes, this latest move down is just the beginning of what...

You got stones continuing to short here. I’ve been buying dips since we broke below 2530 although the long term trend on daily is still down. We are so stretched from the 50 and 200 day MA, I fear a rip your face off short squeeze coming.

ETH keeps running stops at 62% fibs on 60 min. Agree with Spooz...still feels heavy. Once again nice theatrics from our wonderful government into the holiday season. $5 bil for a wall...come on dems...that’s a drop in the bucket compared to what has been shelled out over the years for...

Even a 60 min bullish green bar can’t get this pig out of the mud

we break 89 and close green, relief is on the way

Here is the massive short swueeze Lol

You know there is blood on the streets. Those that are highly leveraged along with massive house debt are not liking Xmas this year

Roflmao on the Oracle Wizard cape and knee pads. He is probably stitching himself up from the pounding in oil

1 min bars continue to show higher volume on down bars

Like spooz is saying, this thing feels heavy