Gotta love ZERO RISK in the SP500 = $$$

So I'm looking at the NDX monthly chart and I'm thinking, wow what a odd looking monthly candle pattern setting up for January and February. I bet that hasn't ever happened quite like that before.

NDX 2018.jpg



Then September and October 1998 says "Hello, remember this?" Not saying it means anything, just remarkable to see something very similar has occurred before.

NDX 1998.jpg
 
Good find. As we all know, that October 1998 candle was the result of Greenspan's intervention in the markets during the LTCM crisis. We also know what followed in 99-00.
 
bonds holding up well...might see new highs in the stock index futures...i may reverse the short.

personally think it's a little overbought in the v short term though
 
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