Forever Bull Market

v-shape-0DTE said:
it did fall to the 350-52 zone and guess what it got saved again and here we go pumping again. QQQ still green for October and this market refuses to stay down. Do I see a triple bottom?

We could be setup for another insane pump. The magic of this market is incredible.
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so your mo is...u only appear when the stonk market is a green day and then disappear when it is a red day?
 
v-shape-0DTE said:
it did fall to the 350-52 zone and guess what it got saved again and here we go pumping again. QQQ still green for October and this market refuses to stay down. Do I see a triple bottom?

We could be setup for another insane pump. The magic of this market is incredible.
More...
Doesn't take much to get you excited. HH by 65 pennies lol.
 
Yet another reason I'm doubting any kind of end of year rally, or at least not a typical very strong one - NDX 52wk NH's / NL's showing exactly the opposite of what is needed.

MA(10) cyan is making lower swing highs and lows since the summer top:-

! NDX 52wk NH's NL's.png
 
v-shape-0DTE said:
it did fall to the 350-52 zone and guess what it got saved again and here we go pumping again. QQQ still green for October and this market refuses to stay down. Do I see a triple bottom?

We could be setup for another insane pump. The magic of this market is incredible.
More...

lol. QQQ 350.
 
v-shape-0DTE said:
We are in a new era of the market where stocks only go up and the VIX remains suppressed. It doesn't matter the news or what happens, the market is predetermined to keep going up with very minor pullbacks along the way. but each one gets a V recovery and goes much higher. if you don't believe me and think I am being disingenuous look at the price action not only this week, but all of 2023. Being red or any sharp red candle just forces and fuels this thing higher. No drop is sustainable. The market can't handle any drop and must go up to fix this.

There have been countless posts of the drop is coming, it can't last forever, etc... Here is the thing any red or drop is the part that is unsustainable. This market is so unstoppable, that absolutely nothing on the face of this earth can change it.
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"New Era" QQQ 378
10/25/2023 QQQ 350
 
I'm here. Today was an incredibly rare day and I have to appreciate a day where the QQQ actually fell $9+. I truly believed that it would never happen again. Still only down 1% for the week, so can still carve out a green week. The 200 MA sits at 345 so it would be great if they can gap it down there as that would be a free dip to buy. It will hit there either way.

Every time I see early red futures it almost always reverses. Still would need to see more from this market than today. Today sure was impressive and was more of a 2022 type day.But as I've seen over and over again, it's still insanely difficult to sustain lower prices and the market always want to go up. We shall see what the rest of the week has instore.
 
v-shape-0DTE said:
I'm here. Today was an incredibly rare day and I have to appreciate a day where the QQQ actually fell $9+. I truly believed that it would never happen again. Still only down 1% for the week, so can still carve out a green week. The 200 MA sits at 345 so it would be great if they can gap it down there as that would be a free dip to buy. It will hit there either way...
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I've got 338.59 for 200 SMA.

You must be referring to 200 XMA.

And then there is WMA etc etc.

Price is all that matters.
 
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