It's already making the V, of course it is.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Dissociative Identify Disorder anyone?
Market is literally rigged to never go down. I can't believe that others don't notice that it's impossible for it to have even the most basic correction. Every time it's even a possibility it V pumps like crazy. How exactly can this ever stop?
928 days since the SP500 had a one day decline of >2%... Why argue against facts and statistics!!!!! Dipsters know: THERE IS NO RISK!!!!!!!!!
http://usmarket.seekingalpha.com/article/25254
Well according to C&H rules, this is the expected move until around November. I think I have it right...the height of the cup added to the break out point of the candle. Hmmm...what a coincidence that's when the elections take place? Once again the news aligns with the chart since it is well known that in an election year the market is propped up.
All past events such as an election year have left little price action foot prints; we have come to recognize these footprints as chart patterns. This is why I say that the news/events will align with what the chart needs to complete the pattern. So in this case, the chart isn't so much predicting the future price as it is predicting the future environment that has facilitated the completion of the C&H in the past.
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I don't believe in any election conspiracy about the markets having to go up during an election year. Also charts don't work anymore. Market is going up no matter what.
Did you not look at the chart? AND the explanation? I literally just proved exactly what you are trying to refute, and what you are trying to claim at the same time.
- Data shows that election years are inherently bullish.
- Price is going up because of 1. Technically chart is forecasting a bullish sentiment so the C&H can complete but lets not split hairs.
The "theory" is the incumbent party will prop up the economy in a bid to get re-elected. It's probably the only reason we haven't suffered a devasting recession...yet.
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Buy anywhere, nothing matters. Don't feel like waiting for a dip. Have no fear. New highs served up daily.....
ZERO DOWNSIDE RISK......MAKE FREE MONEY..$$$$$$$$$$$$$$$$$$$
ZERO DOWNSIDE RISK......MAKE FREE MONEY..$$$$$$$$$$$$$$$$$$$
Yeah I see the chart and any chart. Believe me I look at charts all the time. We are in an unstoppable bull market. I don't buy into the election stuff. I hate to break it to you, but no matter who's Potus the market still pumps. When the you unlimited money it will still go up.
I laugh when people try to equate stuff to presidents. It's much bigger than that. Market is going up regardless.