The market is SO WRONG at this point

[wxytrader]

where you lose me is 2020 had violent pullbacks and actual directional down moves along the way. This market just isn't comparable. There's no downside ever more than a day that leads to an instant V. Back then technicals actually mattered and worked. Look at all those 50 day MA tests. None of that happens anymore. It's all guaranteed to go up.

You were saying?

 

[v-shape-0DTE]

You were saying?

View attachment 339996

I think you are making my point. Sure it was about a week, but same result. Instant V and now we are back to the point where all the volatility is gone, we melt up and it's near impossible to get even the smallest pullback.

 

[wxytrader]

I think you are making my point. Sure it was about a week, but same result. Instant V and now we are back to the point where all the volatility is gone, we melt up and it's near impossible to get even the smallest pullback.

Yeah but I told you this can continue going up to like $600 or whatever that cup and handle shows. This is normal...it's what an extension looks like.

 

[Covertibility]

I said that there are a lot of uncertainties and market hates uncertainties (Taiwan, middle east, banking crisis,... I don't know what it's going to be, but something that causes panic)

What happened during Covid? How could the market go down then?

It can go down in these sharp dumps when even the almighty printer can't catch up.

And the sentiment alone is the indicator. Basically everything is inversed right now. A reset is desperately needed.

Something is going to break, something is going to break...

You missed the rally up from November and now hoping for a pullback that you know you won't buy. This was common behavior last decade for a lot of people.

 

[v-shape-0DTE]

Yeah but I told you this can continue going up to like $600 or whatever that cup and handle shows. This is normal...it's what an extension looks like.

So we both think this is going up for different reasons. Gotcha

 

[orbit23]

It's over. Sell everything.

https://twitter.com/x/status/1789292909419708883

 

[orbit23]

Apple looking weak. Nice exit pump on the buyback announcement.

Get out before it's too late.

 

[orbit23]

Somebody said delivery services are a good indicator.

And that's one hell of an ugly chart on 12 month timeframe. Major, major top.

Save yourself.

 

[SunTrader]

It's over. Sell everything.

https://twitter.com/x/status/1789292909419708883

WhoTF is that? The Oracle of Ottawa.

Puleaze

You have no shortage of nonsense pulled out of your ass posts.

 

[nitrene]

The problem in Canada is principally there is no economy outside of selling commodities & selling overpriced real estate to each other. They never took the pain of the GFC collapse in real estate.

The Blackface-in-Chief aka Fidel Castro, Jr's popularity has collapsed and the Liberals are losing badly. The funniest thing about the Canadian government is their economy is led by a Ukrainian journalist who used to work at the FT in the UK and her advice to plebes recently was to cancel their Disney+ & Netflix accounts to save money.