Anyone else sensing that we are going to have a (further) melt up?

[Laissez Faire]

Personally, I don't hold a strong opinion as I don't have a valid way of making such predictions. We can easily go higher from here. Considerably higher. Equally, many tops have been formed on strong days up.

Not a prediction. Just an observation.

 

[smallfil]

Too much energies wasted trying to figure out when the next big crash is going to come. Every day, there are trading opportunities for you to take and make monies off. Each day, you miss out on the opportunities because you think the market will tank and do not want to get in. Oh, well. More for us.

 

[shawnaboyd]

I don’t think it is because of any political situation. There might be other factors like the cash positions, etc having an impact.

 

[longandshort]

Melt up signal = spx up + vol up

 

[systematictrader]

I think that it will go up higher, but all of those gains will be erased VERY QUICKLY. If you are buying now, you will be underwater soon, despite it going higher on the short term,

Market is going for a blow-off top, maximum euphoria where every last disbeliever FOMOs in and then kaboom.

It has to go up so that people are 100% confident and euphoric - thinking that the times will last.
Spoiler alert: They won't.

People who missed out been riding this theory since 2009, lolz, they keep saying "i think market will crash" they never change their ringtone, eventually after a decade they will be right, lolz,, any ways options ITM can protect your gains, Verticals, can absorb time decay so your not paying it