Market Outlook
- Thread starter GrandSupercycle
- Start date
The faithful never waiver
SP500/DOW/NASDAQ bearish daily chart is increasingly influential and
megaphone wedge continues to warn of big move ahead.
Trolls who are frustrated with the market and do not understand the volatile fluctuating trends as market sentiment vacillates, need a scapegoat and outlet for their anger. The next few years will further confuse and distress them as the bear market advances.
megaphone wedge continues to warn of big move ahead.
Trolls who are frustrated with the market and do not understand the volatile fluctuating trends as market sentiment vacillates, need a scapegoat and outlet for their anger. The next few years will further confuse and distress them as the bear market advances.
When i woke up this morning I figured you'd be bearish now. Lucrum, should I be buying yet?
USD needs to retrace so may be equity bullish but SP500 daily is increasingly bearish so yet more lack of consensus.
Well, relying upon cyclical studies and wave count analysis in particular like Ellliott Wave will certainly amplify this anxiety. Too vague to be useful, and the constant and ongoing revisions can make it an untenable and psychosis-inducing exercise. How can two completely opposed biases regarding the S&P 500, published in the same day, inspire confidence ?
He has two completely opposed biases regarding the S&P500 AT THE SAME TIME.
Intraday bullish, weekly bearish.
wtf does that mean?
Gold and Silver bearish daily charts continues and further downside expected.
Bone,
Why are you talking about Ellliott Wave ?
As mentioned previously, I do not trade with EW and never have.
Hope that clears up your confusion.
newwurldmn states:
"He has two completely opposed biases regarding the S&P500 AT THE SAME TIME. Intraday bullish, weekly bearish. wtf does that mean?"
Bone states:
"How can two completely opposed biases regarding the S&P 500, published in the same day, inspire confidence ? "
newwurldmn and Bone you have now confirmed for all to see that you're both imbeciles lacking basic TA knowledge and no understanding of current market conditions.
Oh dear.
Bone,
Why are you talking about Ellliott Wave ?
As mentioned previously, I do not trade with EW and never have.
Hope that clears up your confusion.
newwurldmn states:
"He has two completely opposed biases regarding the S&P500 AT THE SAME TIME. Intraday bullish, weekly bearish. wtf does that mean?"
Bone states:
"How can two completely opposed biases regarding the S&P 500, published in the same day, inspire confidence ? "
newwurldmn and Bone you have now confirmed for all to see that you're both imbeciles lacking basic TA knowledge and no understanding of current market conditions.
Oh dear.
Well, corrections that occur within the broader framework of a longer term trend happen all the time - in fact, it's required to sustain a trend. The issue is that these important details are never identified or addressed in the "Market Outlook" communiques. It's just ad hoc blurbs. Kinda like Tourette's Syndrome. There is no systematic structure.