I predict 400 in SPX before the down trend line takes us lower, Powell to help break 386 wednesdey
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Mr. Ackman is shitting the bed again.
Mr. W. appears to be saying that the effect proves there was no cause, genius.
Last edited:
Do you have a Wednesday prediction? Fed minutes release will be what 3-weeks old at this point, so they could sound more Hawkish than perhaps their current view.
Market tried to puke twice but it was a dry heave.
What are the red and black divergent lines in the bottom right panel?
The ADX indicator which I have never found to be useful but it doesn't stop me from putting it at the bottom of my charts, just in case.........
*edit - the black line is some kind of trend indicator. If the line is falling it's considered a ranging price action, and vice versa.
Only real takeaway I got from this exercise was this year's top looks similar to the one in 08, just scaled up significantly.
Gonna be a truly epic, I mean yuuuuuge crash, if the analog plays out.
I've always wondered what immovable rock stops the irrestible force of muppets chasing price to these "obvious" fronts
